Trump turns .1B in U.S. government funds into a 10% stake in downtrodden Intel

Trump turns $11.1B in U.S. government funds into a 10% stake in downtrodden Intel

August 22, 2025 / Swedan Margen /

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Trump turns $11.1B in U.S. government funds into a 10% stake in downtrodden Intel
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 of weeks after he was depicting the company’s CEO as a conflicted leader unfit for the job.

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Swedan Margen

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