
Trump says Intel agreed to give U.S. government 10% stake
2025-08-23 11:28:01 source:CGTN
August 23, 2025
U.S. President Donald Trump said Friday Intel's CEO has agreed to give the U.S. government a company stake worth $10 billion, roughly equivalent to 10 percent of the chipmaker's market capitalization, multiple U.S. media outlets reported.
"I think you should pay us 10 percent of your company," The Washington Post quoted Trump as saying, recounting his conversation with Intel CEO Lip-Bu Tan at an event on Friday.
The event is an extraordinary intervention of the federal government into a private tech company, according to the report.
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