According to Trump, the government is entitled to ten percent with Intel

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Lerato Khumalo

Newsblog on US politics

Trump announces deal with chip manufacturer Intel


Updated on 22.08.2025 – 9:59 p.m.Reading time: 41 min.

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US President Donald Trump (archive image): “You have agreed and I think it’s a great deal for you”. (Source: Mark Schiefelbein/AP/dpa/dpa images)

The US government is said to start with ten percent with Intel. Millions of foreigners could lose their US visa. All developments in the news blog.

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According to US President Donald Trump, the chip manufacturer Intel is ready for the state to take over a company share of ten percent. Intel agreed to such a state entry, Trump said to journalists on Friday. At a meeting with Intel representatives, he said that the United States should become a partner of the chip manufacturer fighting with problems. “You agreed and I think it’s a great deal for you,” said Trump.

US trade minister Howard Lutnick, in return, had asked for a participation in Intel for the group in return for the company that was still promised under Trump’s predecessor Joe Biden. “We should receive a capital participation for our money,” Lutnick told CNBC. “We will provide the money that has already been promised under the bidet government. In return, we will receive a participation.” After Trump’s announcement, the Intel share was noted by around six percent. The price of a participation of ten percent corresponds approximately to the amount of the Intel subsidies for the expansion of US production.