Trump Regrets Not Asking for Larger 9.9% Intel Stake Now Worth $50 Billion
President Trump said he regretted not negotiating a larger ownership stake in Intel than the 9.9% acquired through the U.S. government’s August deal. He noted that Intel shares have climbed over 300% since the $11.1 billion investment, lifting the government’s stake value past $50 billion.
1. Trump’s Regret Over Investment Terms
President Donald Trump expressed regret that his administration did not seek a larger ownership stake in Intel than the 9.9% acquired in August, admitting he underestimated the future value of the investment.
2. Government Stake Acquisition Details
The U.S. government purchased 433.3 million Intel shares at $20.47 each using $5.7 billion in CHIPS Act grants and $3.2 billion from the Secure Enclave program, bringing total investment including earlier grants to $11.1 billion.
3. Surge in Value and Exit Strategy
Since closing, Intel shares have risen over 300%, boosting the government’s holding value beyond $50 billion, with Trump suggesting a gradual sell-down to avoid depressing the stock price.
4. Passive Ownership and Tariff Proposal
Under the agreement, the government holds a passive stake with no board seats or special governance rights and must vote with Intel’s board, while Trump noted that imposing tariffs on imported chips could have shielded Intel from foreign competition.