Intel so far is standing by Tan. The company issued a statement Thursday that said the company, the board and Tan are all “deeply committed to advancing U.S. national and economic security interests and making significant investments aligned with the President’s America First agenda.”

Intel CEO Lip-Bu Tan says he’s “always operated within the highest legal and ethical standards” after coming under pressure following President Donald Trump’s call for him to resign.

By Arsheeya Bajwa (Reuters) -Intel CEO Lip-Bu Tan is already facing an uphill battle in turning around the ailing chipmaker. Now, U.S. President Donald Trump's demand that Tan resign over his ties to Chinese firms will only distract him from that task,