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US stake in Intel soars 300 percent to 36 billion, but why now
Business
Published on 26 April 2026
A charm offensive with Trump turned backlash into billions
The US government’s stake in Intel has jumped about 300%, reaching $36 billion. The deal, announced in August, implies an almost $27 billion paper return. Intel CEO Lip-Bu Tan reportedly secured the investment after a charm offensive to rebuild relations with President Donald Trump, who had earlier called for Tan’s ouster.
- US Intel stake increases roughly 300% to $36 billion
- Intel says the August deal implies a near $27B paper return
- CEO Lip-Bu Tan’s outreach to the White House helped seal it
- The move follows Trump criticism calling for Tan’s removal
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times