State increases its share to bolster Intel

crypthub

about 19 hours ago

White House Meeting

President Donald Trump met Intel CEO Lip‑Bu Tan at the White House to discuss the company’s push for more powerful U.S. chips. Trump praised Intel’s “great progress” on his Truth Social platform. The meeting underscores the administration’s focus on reviving domestic chip manufacturing.

Government Investment

The U.S. government is buying Intel shares as part of a strategy to boost national chip capacity, aiming for a 10 % stake. It currently holds about 5.5 % of the company, valued at over $11 billion after a 70 % stock surge. Trump claimed the purchase has generated “tens of billions” for Americans, while additional shares could raise the stake’s worth to $27.7 billion in the future.

Intel’s Chip Advances

Since Lip‑Bu Tan became CEO, Intel has accelerated development of new processors, shipping its first sub‑2‑nanometer 18A chips at the end of 2025 as scheduled. The tiny, efficient chips improve speed, power use, and cooling for computers and AI devices. Intel still relies on external fabs such as TSMC, and has attracted large investments from Nvidia and SoftBank.