Trump says that the US government now controls 10 % of Intel

President Donald Trump announced on Friday that the United States government will obtain a 10 % stake in Intel, a chips manufacturer in the troubled United States. But the president’s choice of words will definitely raise more than a few eyebrows, especially since the Trump system has previously said that the federal government will not play the role of corporate governance in the technology company.

Trump wrote a great American company that has an incredible future. ” Social truth.

The government that takes a 10 % royal share in Intel should not be surprising, as rumors were leaked about the deal last week. But what might surprise people is Trump’s use of the word “control”. Nobody seems to know what to do so yet.

“I negotiated this deal with the lips, the highly respected CEO of the company. The United States has not paid anything from these shares, and the stock value is now about $ 11 billion,” Trump continued.

“This is great for America, and also, a great deal of Intel. Building semiconductors and leading chips, which Intel does, is essential for the future of our nation,” according to Trump. The president has finished his position with the contract now, “Make America great again!” And “Thank you for your interest in this issue.”

Lutenik’s denial on Tuesday

Trade Minister Howard Lootnick was asked about government session plans in Intel during an interview with CNBC on Tuesday. Lootnick was specifically interrogated whether the government would get a governance role in Intel, something that the Minister of Trade insisted on not occurring.

https://www.youtube.com/watch?

“Do you get governance here?” CNBC host David Faber request.

“No, no, no, no, no …” Lootnick said again and again, indicating that the entire idea was ridiculous. “Come on, stop those things. It is not ritual, well, we just did not have a grant under the leadership of the Trump administration of the Trump administration, for the American people.”

Faber noted that any other entity has 10 % who is expected to have an opinion on how to operate this company. “Why don’t you want some …” Faber began to say before Lotney drowned him by saying repeatedly, “unjust, non -vocal.”

Faber pointed out that the United States government obtained the so -called “golden session” when Nippon Steel, based in Japan, tried to buy American steel, which means that Trump could disclose companies that he does not like. It is not clear at this stage the type of effect that Trump can have in Intel with this new share by 10 %, which is likely to include transferring $ 10.86 billion of Grants to Intel from the Biden Kurds Law to royal rights, according to a Tuesday report New York Times.

Who is already negotiating the deal?

Lutnick was the first to violate the news on social media in a tweet shortly before Trump, although the declaration of the Minister of Commerce carries a lower weight in an increasingly authoritarian country like the United States, he is not real until the dear leader says he is real.

“The big news: the United States of America now has 10 % of Intel, one of the great American technology companies. This historical agreement enhances US leadership in semiconductors, which will grow our economy and help secure the advantage of American technology.”

Great News: The United States of America now has 10 % of Intel, one of our great American technology companies.

This historic agreement enhances the American leadership in semiconductors, which will grow our economy and help secure the technological advantage of America.

Thanks to Intel … pic.twitter.com/aymux14rgi

Howard Lottenic (@howardlutnick) August 22, 2025

Lutnick tweet was sent at 4:10 pm East time and included a picture of him with the BU-Tan CEO of Intel. Yarmb Trump, who sent his own position in the social truth about an hour, was supposed to be at 5:04 pm, and the claim included “I negotiated this deal with the lips” in the second sentence.

According to Trump Tan, he met last week after he called on the president to resign the CEO of Intel regarding the alleged ties with China. Trump insisted that “there is no other solution to this problem,” but he changed his melody After the meeting.

What do Democrats say?

People are divided on the left about whether Trump’s plan for Intel is a good plan for America. Senator Bernie Sanders, an independent of Vermont, who is gathering with Democrats, said, said Senator Sanders, independent of Fairmont, who is gathering with the Democrats, said. Earlier this week It supports the US government’s plan to take a share of royal rights.

Sanders told Reuters.

But Senator Mark Warner, a Democrat from Virginia, will not commit conclusive in one way or another. In an email to Gizmodo, Warner said that taking a share of shares “may or not the right approach”, while emphasizing that advanced chips should not “flow to China without controlling

“We need a strategy that protects American innovation, enhances our workforce, and keeps future technologies firmly in the hands of America,” Warner said. “In addition, given the recent approach to management towards other prominent technological transactions, Congress must implement a comprehensive scrutiny over potential conflict in interests or unjustified intervention in private sector decisions that are not related to national security.”

Intel is a drop in the ocean

Warner is fully right that Congress needs to consider any conflict of interests or “unjustified interference” on private companies. But given the current path of the United States – where we have armed forces In the streets of the capital and disturbances against President’s opponentsIt seems unlikely that Congress will spread any checks or balances soon.