Trump calls on Intel CEO to resign

[etempleton]

The hits keep coming for Intel. They can’t catch a break. The board should have never fired Pat Gelsinger. He had the right plan. It was always going to be a painful turnaround and they just had no stomach for it.

[tester756]

It feels like he overinvested in fabs.

[westpfelia]

He's been ceo for like 5 months. I know the CEO cycle is short but uhhh thats real short.

[jo6gwb]

They're alleging CEO's close ties to Chinese military.

[rickdeckard]

Beside of any reasoning or justification, it's insane for a US-president to do something like this, to a STOCK-TRADING *US-COMPANY*

[jfengel]

It's time to re-adjust your expectations of what "sane" means. The world changed, and previously intolerable things are now not just tolerated but encouraged.

[jimbob45]

You say that but I think everyone on here, myself included, is secretly hoping he does this to Boeing too after what they've done over the past decade.

[jo6gwb]

Tom Cotton letter https://www.cotton.senate.gov/news/press-releases/cotton-to-...

[ferguess_k]

I think this is just a stock market money grab. Gonna buy some INTC when the market opens.

[LorenDB]

Can we get Pat Gelsinger back?

[tiahura]

Inexcusable for the board. How was this not all dealt with before he was hired? Part of the board’s job in a position like this to make sure there are no issues between your ceo selection and major stakeholders.

Incoming shareholder derivative action against board in 3, 2

[KingOfCoders]

Gleichschaltung.

[bediger4000]

It's good that we in the USA finally found the source of all truth in Trump. I mean, can you imagine the fooforaw that Biden or Obama would have caused? They definitely would have made wrong decisions in this situation. Markets would have responded poorly, the press would be all over it, congress would react aggressively. But now that we've got Trump, we, and all the oligarchs, can stay calm. Congress doesn't lift a finger, the press is calm.