Trump strikes $10B deal with Intel CEO for US government
Introduction
In a recent announcement, President Trump revealed that he had struck a deal with Intel CEO for the U.S. government to receive a 10% share of the company. The deal, which the President estimated to be worth around $10 billion, was made during a meeting with the chipmaker's chief executive. Trump stated that he had proposed the partnership as a way to benefit both the company and the country, and that the CEO had agreed to the terms.
Key Details
This move by the President is seen as a strategic decision to strengthen the country's economy and create new job opportunities. By having a major stake in one of the world's leading technology companies, the U.S. government will not only have a say in the company's decisions but also reap the benefits of its success. This also sends a message to other companies that the U.S. is open for business and willing to partner with them for mutual growth.
Impact
With this deal, the U.S. government is expected to have a significant impact on the company's direction and operations. It also shows that the government is actively seeking ways to boost the economy and create new opportunities for its citizens. This move could potentially lead to similar partnerships with other companies, further strengthening the country's position in the global market. As the details of the deal continue to unfold, it will be interesting to see
About the People Mentioned
Trump
Donald John Trump, born June 14, 1946, in Queens, New York, is an American businessman, media personality, and politician who has served as both the 45th and 47th President of the United States[1][3][5]. He is the only president since Grover Cleveland to be elected to two non-consecutive terms, winning the 2016 and 2024 elections and serving from 2017 to 2021, and again from 2025 onward[2][3][5]. Trump’s political rise marked a significant shift in American politics, as he positioned himself as a political outsider and won the Republican nomination in 2016, defeating Democrat Hillary Clinton in the general election[1][5][6]. He was re-elected in 2024, defeating Vice President Kamala Harris, with Ohio Senator JD Vance as his running mate[5]. Before entering politics, Trump was a prominent real estate developer, inheriting and expanding his family’s business into the Trump Organization, which includes hotels, casinos, golf courses, and branded products worldwide[1][3][6]. He gained broader fame as the host of the reality TV show *The Apprentice* from 2004 to 2015[1][5][6]. Trump has authored several books, including the best-selling *The Art of the Deal* (1987)[5][6]. During his first term, Trump pursued a conservative agenda, including significant tax cuts, deregulation, border security measures, and a hardline stance on immigration[1][4]. He appointed three Supreme Court justices and withdrew the U.S. from several international agreements, including the Paris Climate Accord and the Iran nuclear deal, while initiating a trade war with China[1]. His administration’s response to the COVID-19 pandemic was marked by mixed messaging and clashes with health officials[1]. Trump was impeached twice—in 2019 for abuse of power and obstruction of Congress, and in 2021 for incitement of insurrection following the January 6 Capitol attack; he was acquitted by the Senate both times[1]. After losing the 2020 election to Joe Biden, Trump’s refusal to concede and claims of election fraud culminated in the Capitol riot and ongoing legal challenges[1][3]. Trump’s return to the presidency in 2025, at age 78, makes him the oldest person ever inaugurated for a second term[2]. His current administration has pledged to continue his previous policies, emphasizing border security, economic growth, and a rejection of what he terms “extremist” policies from the political left[4]. Trump remains a polarizing figure, with a strong base of support and equally vocal opposition, and his influence on the Republican Party and American politics endures[2][3].
About the Organizations Mentioned
Intel
Intel Corporation is a leading American multinational technology company specializing in the design and manufacture of advanced semiconductors that power computing devices globally. Founded in 1968, Intel pioneered the development of microprocessors, becoming the dominant supplier of x86-based processors for PCs, servers, and other computing platforms. The company is known for its continuous innovation in semiconductor technology and its role in shaping the modern computing landscape. Intel's recent technological advancements include the launch of the Intel® Core™ Ultra series 3 processors (code-named Panther Lake) and Intel® Xeon® 6+ processors (Clearwater Forest), both built on the cutting-edge Intel 18A semiconductor node—currently the most advanced manufacturing node in the United States. These products are manufactured at Intel’s state-of-the-art Fab 52 facility in Chandler, Arizona, showcasing Intel's commitment to domestic production and technological leadership[1]. In the face of intense competition from rivals such as AMD and the architectural shifts exemplified by Apple’s move to its own silicon, Intel has been undergoing significant restructuring. This includes workforce reductions by approximately 15%, aiming to streamline operations, improve efficiency, and focus on core growth areas like AI and data centers. Financially, Intel reported solid demand and revenue resilience, with Q2 2025 revenue reaching $12.9 billion, exceeding guidance despite challenges from one-time costs and impairments[3][5]. The company is also enhancing its foundry business and AI roadmap to strengthen its competitive position and long-term shareholder value[3]. Intel’s strategic partnerships, including a $5 billion investment by Nvidia to jointly develop CPUs, and talks of adding AMD as a foundry customer, highlight its adaptive approach to industry dynamics[6]. Despite recent challenges and market shifts, Intel remains a crucial player in the semiconductor industry, advancing AI-enabled platforms and maintaining a significant impact on the global technology ecosystem[1][6].
U.S. government
The **U.S. government** is the national governing authority of the United States, structured by the U.S. Constitution into three coequal branches: **legislative**, **executive**, and **judicial**. This tripartite system ensures a balance of power through checks and balances, preventing any single branch from becoming too powerful[1][2]. Established in 1789, its foundational framework remains in continuous effect, guiding the federal government’s operations and authority across the nation and its territories[2]. The **legislative branch**, embodied by the bicameral Congress (House of Representatives and Senate), enacts laws, controls federal spending, and provides oversight of the executive branch[2]. The **executive branch**, led by the President and supported by the Vice President, Cabinet, and federal agencies, enforces laws, manages national defense, diplomacy, and domestic policy[1][4]. The **judicial branch**, headed by the Supreme Court and lower federal courts, interprets laws and their constitutionality, ensuring legal consistency and protecting civil rights[1][2]. Historically, the U.S. government has been pivotal in shaping modern democracy, pioneering a constitutional republic that enshrines freedoms such as speech, religion, and due process through the Bill of Rights[3]. Its achievements include establishing a stable political system, advancing technology and innovation through federal initiatives, and maintaining global leadership in economic and technological sectors. Currently, the U.S. government continues to evolve, adapting to contemporary challenges like cybersecurity, digital governance, and regulatory reforms impacting business and technology. It oversees large-scale federal programs, supports innovation ecosystems, and enforces regulations affecting technology markets and privacy[6]. Notably, its structure supports a dynamic interface between federal and state powers, alongside recognition of Indigenous tribal sovereignty[2]. In business and technology contexts, the U.S. government is a major regulator, market influencer, and funder of research, maintaining transparency and accountability through public resources like Go
