Lutnick: Trump hopes to convert funds into equity in Intel.

date
20/08/2025
U.S. Commerce Secretary Lutnick said in an interview that President Trump believes the federal government "should obtain equity in Intel" in exchange for the funding promised by the Biden administration to the company. "This is Trump's view," he said. "We want Intel to succeed in the United States," he said. Lutnick said that this stake would not have voting rights.