Overview

• Commerce Secretary Howard Lutnick posted that the United States now owns 10% of Intel, echoing President Trump’s earlier claim of a roughly $10 billion stake.
• Intel has not confirmed the arrangement and declined to comment as terms, legal mechanics and any board approvals remain unresolved.
• Officials have described the stake as nonvoting and tied to converting previously committed CHIPS Act grant funding into equity.
• A Trump administration official said the government is not seeking equity in TSMC or Micron, signaling a selective approach to the policy.
• Intel shares rose about 6%–7% following the reports and remarks, after SoftBank separately agreed this week to invest $2 billion for roughly a 2% stake.