The chip-making industry is at the heart of America's rivalry with China. That may be why President Donald Trump last week called on Intel CEO Lip-Bu Tan to resign from his position.

Trump's decision to put Tan in the spotlight came after Sen. Tom Cotton (R-Ark.) raised concerns that the CEO's interests include firms "linked to the Chinese Communist Party and the People's Liberation Army," said The Associated Press . Tan is "highly CONFLICTED and must resign, immediately," Trump wrote on Truth Social. Tan responded that he has "always operated within the highest legal and ethical standards."

Intel is "beleaguered" after missing out on the "mobile and AI boom," said CNN . Tan became CEO in March with a mission to "revive" the company as a "faster-moving, flatter and more agile o

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