President Trump posted late saying the US acquired a 10% stake in Intel to revive domestic semiconductor design and manufacturing. He said he arranged Nvidia to partner with Intel on first‑tier chip manufacturing, Elon Musk to build a TerraFab co‑designed with Intel, and Apple to collaborate with Intel on US chip design and production. Trump said Intel was worth about $100 bln when the offer was made and is now worth more than $600 bln — a stated $500 bln+ gain in nine months — leaving the US ho

2026-06-18

President Trump posted late saying the US acquired a 10% stake in Intel to revive domestic semiconductor design and manufacturing. He said he arranged Nvidia to partner with Intel on first‑tier chip manufacturing, Elon Musk to build a TerraFab co‑designed with Intel, and Apple to collaborate with Intel on US chip design and production. Trump said Intel was worth about $100 bln when the offer was made and is now worth more than $600 bln — a stated $500 bln+ gain in nine months — leaving the US holding worth over $60 bln.