Howard Lutnick suggests investors look at the defense sector following developments related to Intel and the Trump administration.
2 reports, 2 independent
Updated Jul 20
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What happened
Howard Lutnick suggests investors look at the defense sector following developments related to Intel and the Trump administration.
Who's involved
What this event is mainly aboutHow it developed
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Part of
Trump and the Administration are involved in various equity investments and monitoring of major tech companies, including Micron, Intel, IBM, and quantum computing firms.Also in this story
- Andrei Shleifer took an $8.9 billion stake in Intel and formalized arguments for a sovereign wealth fund plan.
- The Trump administration is using executive orders to establish government stakes in private companies.
- Donald Trump and Paul Pelosi invested in the same 10 technology stocks, including Intel.
- Apple allegedly forced Micron to reduce memory prices while Micron invests in Trump accounts to support U.S. semiconductor leadership.
The entities involved
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Intel
American multinational technology company
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General Dynamics
American defense manufacturing conglomerate
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Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)