Intel (INTC) was in focus on Monday as President Trump said in a new interview that he should have âasked for moreâ concerning the roughly 10% stake the U.S. government holds in the chipmaker.
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Entering text into the input field will update the search result below Entering text into the input field will update the search result below Quick Insights The U.S. government invested $11.1B, buying $8.9B of Intel shares, gaining a 9.9% stake, and received warrants for additional shares tied to Intel’s foundry ownership. President Trump describes the deal as a patriotic action to support American companies and the U.S. economy, aiming for company success rather than personal gain. Intel shares have surged, gaining 176% year-to-date and over 400% in the past 12 months