According to Bloomberg's report, market news pointed out that Intel's shares rose 7% after the Trump administration was considering stake in the troubled chip manufacturer, which became the latest case for the Trump administration to make plans for the U.S. key industries. Intel shares have risen by 19% since 2025, helping the company recover from its share price plunge of 60% in 2024, and 2024 is the worst year the chipmaker has ever performed.
The report pointed out that the government's stake will help fund the semiconductor wafer factory currently being built in Ohio. Intel is the only American company in the United States that is capable of manufacturing advanced chips in the United States. Although other rivals including NTU and Samsung also have factories in the United States to further enhance national manufacturing capabilities and security as the Trump administration calls for more chips and high-tech products to be manufactured in the United States.
Earlier this week, Intel executive director Chen Liwu visited Baigong and met with President Trump. The meeting happened after Trump had previously requested his resignation after he was accused of contacting China because of Chen Liwu. Intel said at that time that Chen Liwu was deeply committed to promoting the interests of the United States and economic security. Regarding the news that the government considers its stake in Intel, Intel refused to comment, but expressed its hope to continue to cooperate with the Trump administration to promote these common priorities, but we will not comment on the remarks or guesses.
Chen Liwu took over as the executive position of Intel in March 2025. Previously, Intel invested a lot of money to develop the wafer foundry business. However, in the case that the artificial intelligence (AI) chip field failed to gain relevant customers, Intel's crystal foundry business fell into a serious undermining state. In July 2025, Chen Liwu said that Intel will cancel the construction of the Gallop Plan in Germany and Poland and will reduce the speed of the Gallop Plan in Ohio. In addition, it is also emphasized that the new process development will be closed without receiving customer orders and will also conduct a strict review of the company's expenditure.
During Trump's administration, the U.S. government has gradually placed its interests at the center of major industry transactions. For example, last week the government said it would charge a 15% profit from the sale of H20 chips to China by NVIDIA (Nvidia) and AMD. In addition, the Pentagon also bought about US$400 million in rare earth miner MP Materials. It is even allowed to acquire shares of the company in the transaction of Nippon Steel, a major U.S. Steel, a major U.S. industrial manufacturer. These cases show that the Trump administration has further predicted corporate operations in order to gain its own interests.