Trump tweet:
It is my Great Honor to report that the United States of America now fully owns and controls 10% of INTEL, a Great American Company that has an even more incredible future. I negotiated this Deal with Lip-Bu Tan, the Highly Respected Chief Executive Officer of the Company. The United States paid nothing for these Shares, and the Shares are now valued at approximately $11 Billion Dollars. This is a great Deal for America and, also, a great Deal for INTEL. Building leading edge Semiconductors and Chips, which is what INTEL does, is fundamental to the future of our Nation. MAKE AMERICA GREAT AGAIN! Thank you for your attention to this matter.
That i tried to get fired less than two weeks ago.
Trump says US will take 10% stake in Intel because CEO wants to “keep his job”
A ten percent stake in the company and suddenly those concerning Chinese ties Trump mentioned aren’t a thing.
That part of his behavior his fans, I think, approve of.
Literallt extortion.