Intel CEO meets with Trump, who hails gain in US chipmaker stake

"Since taking over as CEO in March, Tan has moved quickly to try to shore up the troubled chipmaker's business. In addition to the US investment, Nvidia Corp. and SoftBank Group Corp. have also acquired multibillion-dollar stakes. Though the dealmaking has lifted Intel's stock price, the company still needs to show that new products will win back lost market share. Tan said at an industry conference this week that Intel began shipping its first sub-2-nanometer 18A products on schedule at the end of 2025."

"So far, the US has amassed a roughly 5.5% stake, with more set to be acquired. I just finished a great meeting with the very successful Intel CEO, Lip-Bu Tan, Trump wrote. We made a GREAT Deal, and so did Intel. Our Country is determined to bring leading edge Chip Manufacturing back to America, and that is exactly what is happening!!!"

"In his post, Trump said the government had made Tens of Billions of Dollars for the American People, though the actual gains for the US from its holdings are less than that so far. When purchased in August, the US stake was worth $5.7 billion. As yet, a large portion of the government's ownership is still contingent on future developments. If taxpayers currently owned all of the shares available in a complicated arrangement, the stake would be worth $27.7 billion."

President Donald Trump met with Intel CEO Lip-Bu Tan at the White House to review progress on Intel's new processors after the U.S. government purchased shares in the company. The U.S. has amassed roughly a 5.5% stake with additional purchases planned, contributing to more than a 70% rise in Intel's stock since the investment plan emerged. Tan became CEO in March and has moved quickly to stabilize the business while Nvidia and SoftBank also took multibillion-dollar stakes. Intel began shipping its first sub-2-nanometer 18A products on schedule at the end of 2025, while continuing to rely on TSMC for some fabrication. Government holdings were initially worth $5.7 billion and could be worth $27.7 billion under a complex arrangement, though much ownership remains contingent.

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