Trump Administration Considers 10% Stake Purchase in Intel (INTC)

The TRUMP administration is reportedly in advanced discussions to acquire a 10% equity stake in Intel Corp. (INTC), a move that could reshape the semiconductor giant's relationship with the federal government. At current market valuations, the stake would be worth approximately $10.5 billion.

Talks center on converting portions of Intel's CHIPS Act grants into equity, according to WHITE House sources. The proposal follows President Trump's public criticism of CEO Lip-Bu Tan earlier this month over alleged ties to China. Intel shares dipped on the news, trimming recent gains.

The administration is reportedly considering extending this equity conversion model to other CHIPS Act recipients, though no formal decisions have been made. Neither Intel nor White House officials have issued official statements regarding the potential investment.