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President Donald Trump recently proclaimed that “The United States Government Is Proud to Be a Shareholder of Intel,” drawing fresh attention to one of the world’s most influential semiconductor companies. Under a landmark agreement struck last year, the federal government now holds an 8.9% equity stake in Intel Corporation (INTC), a position acquired via converted CHIPS Act and Secure Enclave program funds.
Trump’s endorsement has already moved markets. On Jan. 9, Intel shares jumped 10.8% after CEO Lip-Bu Tan met with President Donald Trump, extending a rally that has significantly propelled the stock since the U.S. government took a stake in the company last August. Trump publicly praised Intel’s U.S.-made chip production and reaffirmed federal support, while Tan highlighted the shipment of Intel’s new Core Ultra Series 3 processors built on the Intel 18A process.