Trump: Regrets Not Holding More Intel Shares
According to Beating Monitoring, US President Trump expressed regret in an interview with Fortune magazine that he had previously invested less in Intel on behalf of the US government. In August last year, the Trump administration converted approximately $8.9 billion in subsidies under the Chip Act into equity and purchased approximately 433 million shares at $20.47 per share, acquiring a 9.9% stake in Intel. Eight months later, the value of this shareholding has exceeded $50 billion, with a floating profit of over $41 billion on paper. Trump revealed that he had requested Intel CEO Chen Liwu to give the country 10% equity for free and joked that he should have asked for more at the time. He also stated that if Intel had taken office earlier and imposed tariffs on imported chips, it could have replaced TSMC as the world's largest chip manufacturer. For future holdings, he tends to slowly reduce his holdings to avoid a sharp drop in stock prices.