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Trump medication shocked everyone erstwhile Commerce Secretary Howard Lutnick announced successful August 2026 that the US authorities had taken a 10% involvement successful chipmaker Intel. "BIG NEWS: The United States of America present owns 10% of Intel, 1 of our large American exertion companies.
This historical statement strengthens U.S. enactment successful semiconductors, which volition some turn our system and assistance unafraid America’s technological edge. Thanks to Intel CEO @LipBuTan1 for striking a woody that’s just to Intel and just to the American People," wrote Lutnick successful a station connected X. In an Interview with Fortune magazine, President Donald Trump has shared the communicative of his equity strategy successful Intel. The grants that the authorities gave Intel were converted into equity. “[Intel CEO Lip-Bu Tan] came successful to spot me,” Trump recalls. “I liked him, I thought helium was good.” Trump besides had leverage: important national grants for chipmaking that had been earmarked, but not yet delivered, to Intel. “I said, ‘Give the state 10% ownership for escaped successful Intel,’ ” the president recalls. “He said, ‘You person a deal.’ I said, ‘Shit, I should person asked for more.’”“Intel should beryllium the biggest institution successful the satellite close now,” Trump says.
“If I had been president erstwhile each these companies started sending their chips successful from China, I would person enactment a tariff connected that would person protected Intel.” Referring to Taiwan Semiconductor Manufacturing Co. (TSMC), presently the world’s ascendant chipmaker, helium adds, “Intel would person each that concern now, and determination would beryllium nary Taiwan.”
Donald Trump's Intel announcement
“The United States paid thing for these Shares, and the Shares are present valued astatine astir $11 Billion Dollars,” President Trump wrote successful a station connected Truth Social.
“This is simply a large Deal for America and, also, a large Deal for INTEL.”“They’ve agreed to bash it and I deliberation it’s a large woody for them,” Trump had told reporters astatine the White House
What Intel said connected authorities stake
Intel, the lone American institution susceptible of making precocious chips connected U.S. soil, said successful a property merchandise that the authorities made an $8.9 cardinal concern successful Intel communal stock, purchasing 433.3 cardinal shares astatine a terms of $20.47 per share, giving it a 10% involvement successful the company.
Intel noted that the terms the authorities paid was a discount to the existent marketplace price. Intel further said that the U.S. authorities won’t person a committee spot oregon different governance rights.“As the lone semiconductor institution that does leading-edge logic R&D and manufacturing successful the U.S., Intel is profoundly committed to ensuring the world’s astir precocious technologies are American made,” Intel CEO Lip-Bu Tan said successful the property release.
