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August 8, 2025

Intel stock dips as Trump targets CEO

SANTA CLARA, Calif. (AP) —Shares of Intel slumped Thursday after President Donald Trump said in a social media post that the chipmaker's CEO needs to resign.

“The CEO of Intel is highly CONFLICTED and must resign, immediately,” Trump posted on Truth Social. “There is no other solution to this problem. Thank you for your attention to this problem!”


 
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