Intel stock climbs 7% on report Trump administration is considering stake

Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, US, on Monday, Aug. 11, 2025.Intel stock rose 7% in trading on Thursday after Bloomberg reported that the Trump administration is in talks with the chipmaker to have the U.S. government take a stake in the embattled company.Intel is the only U.S. company with the capability to manufacture the fastest chips on U.S. shores, although rivals including TSMC and Samsung also have U.S. factories. P ...