Trump says U.S. should have taken a bigger Intel stake as chipmaker becomes centerpiece of America’s AI strategy

Trump said the U.S. should have taken more than a 9.9% stake in Intel, pointing to the federal deal tied to CHIPS Act funding.

Intel has rallied as demand for CPUs in AI systems rises and the company regains strategic value for U.S. chip strategy.

The comments underscore how Intel has become a symbol of U.S. industrial policy, with Washington leaning on equity and subsidies to boost domestic manufacturing.

The broader debate reflects efforts to compete with China and Taiwan while reducing dependence on overseas chip supply.