Name: Trump Says U.S. Will Take Nearly 10% Stake in Intel
Uploaded: 2025-08-22T18:36:00Z
Duration: 1 min 32 s
Description: Speaking in the Oval Office, President Donald Trump said Intel agreed to give the U.S. government the stake a week after he spoke with CEO Lip-Bu Tan.

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Speaking in the Oval Office, President Donald Trump said Intel agreed to give the U.S. government the stake a week after he spoke with CEO Lip-Bu Tan. Photo: Annabelle Gordon/Bloomberg News

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Speaking in the Oval Office, President Donald Trump said Intel agreed to give the U.S. government the stake a week after he spoke with CEO Lip-Bu Tan.

Trump Says U.S. Will Take Nearly 10% Stake in Intel

Reporter: There have been reports that you're considering taking a stake in Intel. Can you tell about that?

About the 10%?

About the 10%.

Yeah, I met a man. He was a very nice man, and I called for his removal because I saw something by a man named Tom Cotton, a senator from Arkansas. He's a great guy, friend of mine, supporter of mine, big supporter. I'm a supporter of his too. And he wrote a pretty nasty story about the head of Intel. And I said, well, if that's right, he should resign. And he came in, he saw me. We talked for a while. I liked him a lot. I thought he was very good. I thought he was somewhat a victim, but you know, nobody's a total victim, I guess. And I said, "You know what? I think the United States should be given 10% of Intel." And he said, "I would consider that." I said, "Well, I'd like you to do that because Intel has been left behind, as you know, compared to Jensen and some of our friends, Nvidia, some of the people, and the people in, 'cause Intel should have never been, Intel was the biggest, most powerful chip company in the world. And then they started leaving and they started going to foreign countries, in particular Taiwan. And if we had a President that would've said, "Okay, you can go to Taiwan, but we're gonna put a 100% tariff, or 200 or 300 or a 500% tariff, anybody that sells into the United States has to pay," they wouldn't have left.

Trump Says U.S. Will Take Nearly 10% Stake in Intel

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