Guan Cha Zhe Wang·2025-08-07 15:05Group 1 - The U.S. President Trump has targeted the technology sector, announcing a 100% tariff on chips and semiconductors, and calling for Intel's CEO, Pat Gelsinger, to resign due to alleged conflicts of interest [1][3] - Intel's stock dropped by 5% in pre-market trading following Trump's comments [1] - Senator Tom Cotton expressed concerns about Intel's operational integrity and its potential impact on U.S. national security, questioning the CEO's background [3] Group 2 - Intel has been losing its dominance in the chip manufacturing sector to competitors like TSMC and has little presence in the AI chip market led by Nvidia [4] - In its Q2 earnings report, Intel exceeded market expectations but announced plans to cut costs, aiming to reduce its workforce by 22% to 75,000 employees [4] - The company is also scaling back its operations, including shutting down its costly foundry division, which reported a $3.17 billion operating loss in the quarter [4]