Overview

• President Trump said the U.S. entry into Intel should not be a one‑off and that he will pursue similar positions in other companies.
• He stated that firms seeking approvals or assistance from Washington will be pushed to provide payments or other concessions.
• Reporting says Intel and AMD must remit 15% of revenue from semiconductor sales to China to the U.S. government as a condition for export licenses, which Trump said he initially sought to set at 20%.
• The U.S. acquired roughly a 10% stake in Intel last week as previously promised subsidies were released, including $8.9 billion tied to the deal and $2 billion already granted.
• Trump claimed the Intel stake created $10–11 billion in value for the United States and dismissed criticism, including from Mike Pence, defending the approach as business.