Intel CEO Lip-Bu Tan is scheduled to visit the White House on Monday following President Donald Trump’s call last week for his ouster over ties to China, according to a new report.

From Intel to Nvidia, the Trump administration is rewriting the playbook on how the presidency interacts with American capitalism.

Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money promised under Biden.

Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.

U.S. Commerce Secretary Howard Lutnick is looking into the government taking equity stakes in Intel as well as other chip companies in exchange for grants under the CHIPS Act that was meant to spur factory-building around the country,

Scott Bessent, the U.S. Treasury Secretary, said today that any investment made by the U.S. government in Intel would be used to stabilize the chipmaker.

The Trump administration’s reported plan to scoop up a 10% stake in beleaguered tech giant Intel Corporation could provide a much-needed upside to the company, analysts say. “There is precedent for the US government to take stake in public companies,