Part 2: The Art of the Deal โ Intel Caved to the King ๐ The Biden admin gave Intel $11 BILLIONโฆ for nothing. President Trump was elected and said โNO, NO, NOโฆ why donโt we get something for it?โ
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The Art of the Deal โ Intel Caved to the King ๐
The Biden admin gave Intel $11 BILLIONโฆ for nothing. President Trump was elected and said โNO, NO, NOโฆ why donโt we get something for it?โ
Within 5 minutes, President Trump negotiated a deal where the Federal Government now has a 10% stake in their company, valued at approximately $11.1 Billion.
Trump actually ended up making MORE money than Biden gave away, not to mention securing Semiconductor Manufacturing in America, instead of a foreign nation.
This came after President Trump earlier this month called for the resignation of Intelโs CEO, Lip-Bu Tan, over past investments in Chinese companies. After Tan met with Trump at the White House, he caved to the King.. done deal.


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