- Trump's trade policies and immigration have impacted the economy, and hypothetical conflict could disrupt global energy markets.
- Tariffs implemented in April 2025 caused a significant market tailspin.
- The Trump administration converted CHIPS grants into equity stake in Intel, while Elizabeth Warren criticized the company's failing status and lack of safeguards.
The Trump administration sought chip revenue from China and converted Intel grants into an equity stake, while GlobalFoundries distanced itself from the deal.
5 reports, 5 independent
Updated Aug 28
Gone quiet
Reached 5 outlets in its first 24 hours
- Reports
- 5
- Developments
- 2
- Repetition
- 60%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
The Trump administration sought chip revenue from China and converted Intel grants into an equity stake, while GlobalFoundries distanced itself from the deal.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Trump administration seeks chip revenue from China regarding Intel equity stake.1 source
Trump targets Intel's leadership over China ties amid government equity stake.1 source
Keep exploring
The entities involved
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Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)
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Intel
American multinational technology company
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China
cultural region, ancient civilization, and nation in East Asia; mostly refers to the People's Republic of China in political situation and rarely refers to the Republic of China
Related events
- The Trump administration took a 10% stake in Intel as the US seeks to secure semiconductor supply chains through partnerships with Apple.
- US tech companies, including AMD, are leading China in AI chip development, leading to agreements on export licenses and profit sharing.
- The Trump administration announced a deal allowing AMD to sell chips to China despite existing US export restrictions.
- Intel is expanding U.S. factories with investments from the Trump administration, navigating fierce competition from companies like Nvidia and AMD.
- Government actions include greenlighting chip exports to China, acquiring stakes in private companies, and taking a stake in a Nevada lithium mining project.
Coverage
Newest first; wire copies grouped- GuruFocus.comGlobalFoundries Says CHIPS Act Deal Excludes Equity Component This article first appeared on GuruFocus. GlobalFoundries (GFS, Financials) said Wednesday that its funding under the U.S. CHIPS Act does
- FortuneTrump says Intel agreed to give the government 10% of the chipmaker. ‘We do a lot of deals like that. I’ll do more of them’ President Trump said Friday that Intel had agreed to give the U.S. governme
- Associated Press FinanceTrump thinks owning a piece of Intel would be a good deal for the US. Here's what to know SAN FRANCISCO (AP) — President Donald Trump wants the U.S. government to own a piece of Intel, less than two
- BloombergTrump Targets Corporate America to Achieve Economic and Foreign Policy Goals (Bloomberg) — He didn’t campaign on it. It wasn’t even broached during his first administration. He criticized his predece
- InvestopediaTop Stock Movers Now: UnitedHealth, Salesforce, Applied Materials, and More U.S. equities were mixed at midday following the release of the July retail sales report, which came in as expected. United