The Intel headquarters in Santa Clara, California, US, on Wednesday, April 23, 2025. David Paul Morris/Bloomberg via Getty Images
David Paul Morris/Bloomberg via Getty Images
President Trump said on Friday he had asked Intel CEO Lip-Bu Tan for a 10% stake in the company during a recent meeting at the White House.
“He agreed, and they’ve agreed to do it, and I think it’s a great deal for them,” Trump told reporters. “He walked in wanting to keep his job, and he ended up giving us $10 billion for the United States,” Trump said.
In a statement released on