Intel CEO Lip-Bu Tan faces pressure from Trump to resign over Chinese ties, distracting him from turning around the chipmaker. Trump demands more US spending like Nvidia and Apple. Tan has scaled back Intel’s ambitions, straining relations. Tan defends himself, denies wrongdoing. Concerns about erosion of investor confidence raised.

Read more at Yahoo Finance: Analysis-Trump call to oust Intel CEO Tan could sidetrack chipmaker’s turnaround