Trump Says Intel Agreed to Give US 10% Equity Stake
August 25, 2025
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1:33Now PlayingTrump Says Intel Agreed to Give US 10% Equity Stake
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as posted by the channelPresident Donald Trump said Intel Corp. had agreed to give the US government a 10% equity stake in the beleaguered chipmaker, with a formal announcement expected on Friday, according to people familiar with the matter.
“They’ve agreed to do it and I think it’s a great deal for them,” Trump told reporters Friday at the White House.
Trump cast the agreement as one that would revitalize the company, saying that “Intel has been left behind” compared to competitors in the chipmaking industry, and that he had floated the idea when he met with Intel Chief Executive Officer Lip-Bu Tan earlier this month. Tan is expected to attend the event finalizing the agreement Friday at the White House.
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