When the U.S. government procured a 10% stake in Intel back in late August, it was a major win for Intel as it represented an investment from America, the importance of which cannot be overstated. At the time, Intel's capitalization was a mere $107 billion; now, it is a whopping $181 billion. That deal brought billions of dollars both to the company and to the U.S. government.
"I think we are up $40 billion since I made that big deal for myself," said President Donald Trump in an interview with Fox News. "They came in to see me, and I say, 'You know what? I think United States should own 10% of your company.' And they gave me 10%. It has been good to them too. Their stock has gone up so much that they end up making a fortune, but we make $30 or 40 billion dollars on that deal. And the same thing with that Mountain Pass. But in that case, it's because we want to get the rare earth refined."
