The CEO of Intel, Lip-Bu Tan, is under serious pressure from government administrators and watchdogs over alleged ties to Chinese technology firms, and his recent leadership of a US company that was fined for selling chip design software to firms linked to the Chinese military.

President Donald Trump has sharply reversed course on Intel CEO Lip-Bu Tan. Just days after blasting Tan as “highly conflicted” and demanding his immediate resignation over alleged national security risks, Trump is now praising his “ success and rise ” following a face-to-face meeting at the White House yesterday Aug. 11.

Intel shares fell over 3% Thursday after President Trump called on the company’s chief executive to resign because of his past ties to China, the latest challenge to hit the troubled chip maker.“The CEO of INTEL is highly CONFLICTED and must resign,