Trump Advocates for More Intel-Like Deals, Boosting Chipmaker’s Shares

President Donald TRUMP signaled his intent to pursue additional agreements similar to the recent Intel stake deal, where the government acquired a 10% share in the chipmaker. "I will make deals like that for our Country all day long," Trump declared on Truth Social, emphasizing his focus on bolstering U.S. technology and manufacturing. Intel's stock rose 1% following the announcement, reflecting market optimism.

The arrangement, funded through CHIPS Act awards, has drawn mixed reactions. While Intel CEO Lip-Bu Tan praised the government's support, some analysts caution that such deals may not appeal to financially stable firms. Notably, the administration clarified it won't seek equity in other CHIPS Act recipients like TSMC.

Intel's turnaround efforts—including workforce reductions and asset sales—appear to be gaining traction with this strategic partnership. The deal underscores the growing intersection of industrial policy and corporate strategy in the semiconductor sector.