Core Viewpoint - Intel's shares declined by 3.36% following President Trump's call for CEO Lip-Bu Tan's resignation due to alleged conflicts of interest related to China [1] Group 1: CEO and Leadership Concerns - Lip-Bu Tan became CEO of Intel earlier this year amid significant challenges, including competitive pressures and manufacturing difficulties [2] - Senator Tom Cotton expressed concerns regarding Tan's ties to Chinese firms and a criminal case involving his former company, Cadence Design Systems Inc. [2][3] Group 2: National Security Implications - Cotton's letter raised questions about the security and integrity of Intel's operations and its potential impact on U.S. national security [3] - The letter inquired whether Intel's board was aware of subpoenas sent to Cadence during Tan's tenure and what measures were taken to address these concerns [3][4] Group 3: Financial and Legal Issues - Tan reportedly invested at least $200 million in various Chinese manufacturing and chip firms, some of which have military ties, between 2012 and 2024 [4] - Cadence Design agreed to plead guilty and pay over $140 million for selling chip design products to a Chinese military university during Tan's tenure as CEO from 2008 to 2021 [5]