Trump administration shocked everyone when Commerce Secretary Howard Lutnick announced in August 2026 that the US government had taken a 10% stake in chipmaker Intel. "BIG NEWS: The United States of America now owns 10% of Intel, one of our great American technology companies.

Trump claims Intel would dominate chips if he were president. The reality involves $8.9B in government investment, TSMC's enduring lead, and a long road ahead.

The chipmaker's stock has soared since the U.S. equity deal in August gave the government 9.9% of the company.

US President Donald Trump appears unhappy with the government's 10 percent stake in Intel, saying he should have asked for more.

Trump administration shocked everyone when Commerce Secretary Howard Lutnick announced in August 2026 that the US government had taken a 10% stake in chipmaker Intel. "BIG NEWS:…