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Intel CEO Lip-Bu Tan addressed "misinformation" about his previous roles after President Donald Trump called for his resignation and raised ethical concerns.

" I want to be absolutely clear: Over 40+ years in the industry, I've built relationships around the world and across our diverse ecosystem – and I have always operated within the highest legal and ethical standards," he wrote in a memo to employees on Thursday.

Tan said that Intel is working with the White House to address the situation and that he supports the president's dedication to "advancing U.S. national and economic security." He said Intel's board is "fully supportive" of the company's transformation plan.

Tensions hit a boiling point

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