Intel stock jumps 6% after CEO meets with Trump as U.S. stake doubles value

The Intel logo is displayed on a sign in front of Intel headquarters in Santa Clara, California, on July 16, 2025.Intel stock climbed 6% Friday after CEO Lip-Bu Tan met with President Donald Trump, continuing a rally that has seen the stock more than double since the U.S. took a stake in the chipmaker in August."The United States Government is proud to be a Shareholder of Intel," Trump said in a Truth Social post Thursday following the meeting.Trump lauded Tan as "very successful" and touted the launch of I ...