Web Reference: President Donald Trump on Friday announced the U.S. government has secured a 10% stake in struggling Silicon Valley pioneer Intel in a deal completed just a couple weeks after he depicted the company’s CEO as a conflicted leader unfit for the job. Aug 22, 2025 · President Donald Trump on Friday announced the U.S. government has secured a 10% stake in struggling Silicon Valley pioneer Intel in a deal that was completed just a couple weeks after he was... Aug 22, 2025 · US President Donald Trump announced on Friday that the US government has taken nearly a 10% ownership stake in Intel, one of America’s largest chipmakers, in a deal he called a “great deal for America.” Trump said he asked Intel CEO Lip-Bu Tan for the stake during a White House meeting.
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