Overview

• Bloomberg reported that the White House has entered preliminary discussions to acquire an equity stake in Intel.
• The proposal emerged after President Trump met with CEO Lip-Bu Tan and reversed his prior criticism of Intel leadership.
• Intel’s stock jumped over 7% intraday on the news and continued to climb during premarket trading.
• Supporters argue a government investment could speed up Intel’s delayed Ohio fabrication complex and shore up U.S. semiconductor capacity.
• Any deal remains unconfirmed and would require legal and national security reviews before proceeding.