Intel, White House
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"So, if we were to give too much certainty to the other countries, then they would play us in the negotiations," Scott Bessent said of ongoing trade talks.Andrew Harnik via Top Trump officials confirmed reports that the White House is considering taking a stake in Intel.
A $2 billion investment represents a roughly 2% stake, ranking SoftBank the fifth-largest shareholder of Intel, while a reported 10% stake by the U.S. would be worth about $10.4 billion as of Monday’s share price.
Trump insisted new Intel CEO Lip-Bu Tan resign over his ties to China, but the tide seemed to turn when the two met in person. Here's what the CEO is worth and how much he makes at Intel.