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Trump says he should've asked for 'more' of Intel when negotiating stake with CEO
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- President Donald Trump has said he should have asked for a bigger stake in chipmaker Intel, nine months on from a landmark deal that saw the U.S. government take a 9.9% holding in the company.
- Trump also told the magazine that Intel would be "the biggest company in the world right now," if he had been in office to protect it with tariffs, "when all these companies started sending their chips in from China."
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U.S. President Donald Trump has said he should have asked for a bigger stake in chipmaker Intel, nine months on from a landmark deal that saw the U.S. government take a 9.9% holding in the company.
Describing his interaction with Intel CEO Lip-Bu Tan, Trump told Fortune in an interview published Monday that he asked for "10% ownership for free" of the company, Tan replied "you have a deal," and the president said: "S---, I should have asked for more."
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