Trump Says Intel CEO ‘Conflicted’ and Should Resign
Bloomberg Tech
Bloomberg
4.4 • 70 Ratings
🗓️ 7 August 2025
⏱️ 45 minutes
🧾️ Download transcript
Summary
Bloomberg’s Caroline Hyde discusses President Donald Trump’s call for Intel CEO Lip-Bu Tan to resign. Plus the White House considers 100% tariffs on semiconductors, with a carveout for companies that move production back to the US including Apple. And the CEOs of Lyft, DraftKings and Duolingo all join to discuss their companies’ quarterly earnings.
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| 1:02.0 | Bloomberg Audio Studios. |
| 1:04.8 | Podcasts, radio, news. |
| 1:11.3 | Bloomberg Tech is live from coast to coast with Caroline Hyde in New York and Ed Lovelow in |
| 1:18.3 | San Francisco. |
| 1:20.9 | This is Bloomberg Tech. |
| 1:22.8 | Coming up, President Trump calls the Intel CEO highly conflicted and urges a resignation, causing shares to slump. |
| 1:30.3 | Plus, Apple announces its added $100 billion US investment as it dodges chip tariffs. |
| 1:35.5 | We discuss the likelihood of a US-produced iPhone. |
| 1:38.7 | And a number of earnings are out. |
| 1:40.5 | Our discussions with the CEOs of Lyft, Draft Kings and Duolingo throughout the hour. |
| 1:45.1 | But first, we dive deep into our top story, which is Intel. |
| 1:49.1 | Shares currently off by 2.5% and a quarter percent. |
| 1:50.8 | They were lower by more than 5% in early trading. |
... |
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