From Voting Rights to Legal Issues: 5 Things to Know About Trump’s Intel Deal

‘There’s a reason that the world, especially Western, relatively capitalist countries, have moved away from state ownership,’ Cato analyst Tad DeHaven said.

Intel CEO Lip-Bu Tan makes a speech on stage in Taipei, Taiwan, on May 19, 2025. REUTERS/Ann Wang

The agreement between the Trump administration and Intel Corp. that gave the federal government a 10 percent ownership stake in the company sparked a rally in its shares but drew fire from conservatives who say the government should not be in the business of owning companies.

“The United States of America now owns 10 [percent] of Intel, one of our great American technology companies,” Commerce Secretary Howard Lutnick posted on X.