Trump Confirms 10 Percent Stake in Intel Valued at $10 Billion
President Donald Trump announced that the United States will acquire a 10 percent stake in Intel, valued at approximately $10 billion. During a press briefing on August 22, 2025, Trump revealed that Intel CEO Lip-Bu Tan had agreed to this deal, which Trump framed as a condition to help Tan retain his position amid prior calls for his resignation related to ties with China, reports 24brussels.
Trump disclosed that he proposed the partnership during discussions with Tan, stating, “I said, ‘I think it would be good having the United States as your partner.’ They’ve agreed to do it, and I think it’s a great deal for them.” This strategic maneuver aims to solidify the U.S. government’s involvement in tech infrastructure while addressing concerns over reliance on foreign entities.
This announcement follows SoftBank’s recent commitment to inject $2 billion into Intel to bolster chip manufacturing within the United States. Trump is expected to formally unveil the agreement with Intel later today. Currently, Intel has not responded to requests for comments regarding the deal.
The federal government’s stake in the beleaguered chipmaker exemplifies the increasingly blurry boundaries between governmental authority and corporate interests. Reports suggest that the Trump administration has also sought financial concessions from other major companies in the semiconductor industry, including Nvidia and AMD, demanding a share of sales profits from transactions with China.
Treasury Secretary Scott Bessent hinted at this investment during a CNBC interview earlier this week, indicating that it might involve a reallocation of government grants aimed at stabilizing the company for domestic chip production. “It would be a conversion of grants,” he articulated.
Looking ahead, Trump indicated a willingness to pursue further deals of this nature, suggesting a continued expansion of governmental roles within key industries.