Trump administration vying to own a big stake in Intel after SoftBank’s $2 billion bet on company

August 19, 2025

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1 min read

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PBS

The ambitions that Lutnick confirmed in a televised interview with CNBC came the day after various news outlets reported on the negotiations between the Trump administration and Intel.

SAN FRANCISCO (AP) — U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley pioneer Intel in an unusual deal that would deepen the Trump administration’s financial ties with major co... [5679 chars]

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Source: PBS

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