Intel shares skyrocket following report Trump admin is mulling taking stake in chipmaker

Group 1 - The Trump administration is in discussions with Intel regarding a potential government stake in the company, which has led to a nearly 7% increase in Intel's shares [1] - The discussions were initiated following a meeting between President Trump and Intel CEO Lip-Bu Tan [1][3] - This development follows Trump's public demand for Tan's resignation due to his past investments in Chinese tech firms, some of which are associated with the Chinese military [3] Group 2 - The White House and Intel have not provided immediate comments regarding the ongoing discussions [3]