Trending Now - Trump Reflects on Missed Opportunity for Larger Intel Stake
WHO:
CNBC - U.S. President Donald Trump, Intel CEO Lip-Bu Tan, U.S. Commerce Secretary Howard Lutnick, Apple, Tesla CEO Elon Musk
Yahoo Finance - U.S. government, Trump administration
WHAT:
CNBC - Trump stated he should have asked for a bigger stake in Intel during negotiations, specifically mentioning "10% ownership for free."
CNBC - The U.S. government took a 9.9% stake in Intel, which has since grown to be worth more than $50 billion.
Yahoo Finance - The Trump administration announced an investment of about $10 billion in Intel for building or expanding factories in the U.S.
CNBC - Intel's stock has increased by more than 300% since the government's investment.
CNBC - April was Intel's best month in its 55 years on the Nasdaq, with the stock more than doubling.
CNBC - Bank of America predicts the CPU market could more than double by 2030.
WHERE:
CNBC - The interaction between Trump and Tan occurred aboard Air Force One en route to the U.S. following a visit to China.
Yahoo Finance - The investment is aimed at building or expanding factories in the U.S.
WHEN:
CNBC - The interview with Trump was published on a Monday.
Yahoo Finance - The Trump administration took a 10% stake in Intel last year.
WHY:
CNBC - Trump believed that had he been in office to protect Intel with tariffs, the company would have been the biggest in the world and would have captured more business from TSMC.
Yahoo Finance - Trump expressed a desire for credit regarding the government's stake in Intel and questioned if anyone recognized his role in the investment.
HOW:
CNBC - The U.S. government's stake in Intel was achieved through converting government grants from the CHIPS Act of $5.7 billion and $3.2 billion from separate government awards into equity.
(UPDATED May 18, 2026 19:29 UTC)
President Trump recently expressed that he should have negotiated for a larger stake in Intel, specifically mentioning he could have asked for "10% ownership for free." The U.S. government, under Trump's administration, invested about $10 billion in Intel, which has led to a remarkable increase in the company's stock value, more than tripling since the investment and marking April as its best month in 55 years on the Nasdaq. This investment is part of a broader initiative to build or expand factories in the U.S., with Bank of America predicting that the CPU market could more than double by 2030.