Overview
- Speaking to reporters at Joint Base Andrews, President Trump credited a U.S. move to take roughly a 10% stake in Intel and said Apple and Nvidia “went in” afterward.
- Reporters point out that Nvidia disclosed a $5 billion Intel share purchase, while Apple has made no public filing or announcement indicating a stake.
- Recent coverage reiterates that Intel approached Apple about a possible investment and that Apple reportedly signed an NDA to evaluate Intel’s 18A process, which remains unconfirmed as a deal.
- Intel shares have jumped 146% over six months and rose 7.33% Tuesday after a KeyBanc upgrade tied to AI server demand, with gains extending early Wednesday.
- Trump said he is unsure about investing more in Intel, and upcoming earnings reports and regulatory disclosures could clarify whether any major new holders, including Apple, have emerged.