The US government now “controls” 10% of Intel, says Trump

President Donald Trump announced on Friday that the US government would take a 10% stake in Intel, the flea manufacturer based in the United States in difficulty. But the choice of the president’s words will certainly raise more than a few eyebrows, especially since the Trump regime previously declared that the federal government would have no corporate governance role in technological society.

“It is my great honor to point out that the United States of America has and now controls 10% of Intel, a large American company that has an even more incredible future,” wrote Trump on Truth Social.

The government taking a 10% stake in Intel should not be surprising because rumors on the agreement were disclosed last week. But what could surprise people is the use by Trump of the word “control”. No one seems to know what it still means.

“I have negotiated this agreement with Lip-Bu Tan, the company’s highly respected executive chief. The United States has not paid anything for these actions, and the shares are now estimated at around 11 billion dollars,” said Trump.

“It is a good deal for America and, also, a lot for Intel. Building semiconductors and advanced flea, which Intel is doing, is fundamental for the future of our nation,” according to Trump. The president put an end to his post with the now personalized, “go back America great again!” And “Thank you for your attention to this case.”

Lutnick’s refusals on Tuesday

The secretary of trade, Howard Lungick, was questioned on the plans of the government’s participation in Intel during an interview with CNBC on Tuesday. Lutnick was specifically questioned if the government would obtain a role of governance at Intel, which the Secretary of Commerce insisted on the fact that would not happen.

https://www.youtube.com/watch?v=r12sdeqrkvm

“Do you have governance here?” Asked the host of CNBC, David Faber.

“No, no, no, no, no …”, told Lodnick to the question, suggesting that the whole idea was absurd. “Come on, stop these kinds of things. It is not governance, well, we are exactly what was a subsidy under equity in equity for the Trump administration, for the American people.”

Faber stressed that any other entity holding 10% would expect this company to be managed. “Why would you not want a little …” Faber started to say before Lunick drowned him by saying several times “not voting, without vote.”

Faber noted that the US government had obtained a so-called “Gold share” when Japanese Nippon Steel has tried to buy American steel, which means that Trump can potentially oppose his business decisions he does not like. We do not know at this stage what type of influence Trump can have in Intel with this new participation of 10%, which probably implies converting $ 10.86 billion of subsidies for Intels of the Building Puices Act in equity, according to the New York Times.

Who really negotiated the agreement?

Lutnick was the first to announce news on social networks in a tweet shortly before Trump, although the announcement of the Secretary of Commerce obviously has less weight in an increasingly authoritarian country like the United States, it is not real until the dear chef says that it is real.

“Big news: the United States of America now holds 10% of Intel, one of our major American technological companies. This historic agreement strengthens American leadership in semiconductors, which will increase our economy and help guarantee the technological advantage of America,” Lutnick wrote.

Big news: the United States of America now holds 10% Intel, one of our major American technological companies.

This historic agreement strengthens American leadership in semiconductors, which will increase both our economy and will help secure the technological advantage of America.

Thanks to Intel … pic.twitter.com/aymux14rgi

– Howard Lux ​​(@howardlutnick) August 22, 2025

Lutnick’s tweet was sent at 4:10 p.m. HE and included a photo of him with the CEO of Intel Lip Bu-Tan. This probably thwarted Trump, who sent his own post on Truth Social almost an hour later, at 5:04 pm, and included the complaint “I negotiated this agreement with Lip-Bu Tan” in the second sentence.

Trump met Tan last week after the president called for the resignation of the CEO of Intel concerning alleged ties with China. Trump insisted that there was “no other solution to this problem” but changed his air after the meeting.

What do the Dems say?

Left people have been divided on the question of whether Trump’s plan for Intel is good for America. Senator Bernie Sanders, an independent of the Vermont who caucus with the Democrats, said earlier this week he supported the plan for the United States government to participate.

“If micropile companies carry out the benefits of generous subsidies they receive from the federal government, America’s taxpayers are entitled to a reasonable return on this investment,” Sanders told Reuters.

But Senator Mark Warner, a democrat of Virginia, does not make so categorically in one way or another. In an email in Gizmodo, Warner said that taking a participation “may or may not be the right approach”, while stressing that advanced chips should not “flow to China without restraint” if this undermines the investments made in the United States

“We need a strategy that protects American innovation, strengthens our workforce and firmly maintains technologies in the future in American hands,” said Warner. “In addition, given the recent approach to the administration to other high -level technological transactions, the congress must apply an in -depth examination for potential conflicts of interest or undue interference in private sector decisions unrelated to national security.”

Intel is a drop in the ocean

Warner is absolutely right to say that Congress must examine any conflict of interest or “undue interference” on private companies. But given the current trajectory of the United States – where we have armed troops in the streets of DC and harassment campaigns against the president’s opponents – it seems unlikely that the congress will soon deploy checks or sales.