Intel CEO Lip-Bu Tan said Thursday he had “always operated within the highest legal and ethical standards” after President Trump demanded he resign, seemingly over Tan's alleged ties to China.

“We are engaging with the Administration to address the matters that have been raised and ensure they have the facts,” the Intel chief said in a statement, adding that he had the backing of the company’s board. “I fully share the President’s commitment to advancing U.S. national and economic security, I appreciate his leadership to advance these priorities, and I’m proud to lead a company that is so central to these goals.”

Trump offered few details in his call Thursday for Tan to step down, writing on Truth Social that the CEO was “highly CONFLICTED and must resign, immediately. There is no other

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