[Trump: The U.S. helped Intel in exchange for a 10% stake, now valued at over $60 billion] Odaily Planet Daily News – U.S. President Trump stated that the United States needs to bring the semiconductor industry back to domestic soil. As a result, it decided to assist Intel in exchange for a 10% stake. Trump mentioned that the U.S. is promoting collaboration between NVIDIA, Elon Musk's TerraFab, Apple, and Intel to design and manufacture chips in the United States. He noted that when the U.S. proposed the related plan, Intel's valuation was approximately $100 billion, which has now exceeded $600 billion. The U.S.'s stake is currently valued at over $60 billion.