Talks for an undisclosed stake come days after President Donald Trump called for Intel’s CEO to resign.The administration of United States President Donald Trump is in talks with Intel to have the US government potentially take a stake in the chipmaker.Intel’s shares surged more than 7 percent in regular trading and then another 2.6 percent after the bell on Thursday, following Bloomberg News’ initial report of the potential deal, which cited people familiar with the plan.It is unclear what size stake the federal government will take, but Bloomberg reports that the deal will help “shore up” a planned factory in Ohio that has been delayed.The plan stems from a meeting this week between Trump and Intel CEO Lip-Bu Tan, the report said.Tan also met Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent.“The meeting was a very interesting one,” Trump said on Truth Social on Monday, adding that his cabinet members and Tan are going to spend time together and bring suggestions to him during the next week.The meeting came after Trump publicly demanded the resignation of Tan over his past investments in Chinese tech companies, some linked to the Chinese military.Intel declined to comment on the report but said it was deeply committed to supporting Trump’s efforts to strengthen US technology and manufacturing leadership.“Discussion about hypothetical deals should be regarded as speculation unless officially announced by the administration,” said White House spokesman Kush Desai …
