Trump Praises Intel Stake As Path To More Deals, Jobs, Wealth For U.S.

About Trump Praises Intel Stake As Path To More Deals, Jobs, Wealth For U.S.

President Trump praised the government's new 10% stake in Intel, valued at nearly 9 billion dollars, highlighting it as a strategy to boost U.S. deals, jobs, and wealth. He expressed intentions to replicate such investments to strengthen the economy. The move is part of a broader plan, supported by government grants and policies aimed at onshoring manufacturing, while ensuring Intel maintains operational independence. This effort aligns with broader economic and national security initiatives.