Did Trump save Intel? Not really


U.S. President Donald Trump gestures after signing executive orders related to artificial intelligence during the "Winning the AI Race" Summit in Washington D.C., U.S., July 23, 2025. REUTERS/Kent Nishimura

SAN FRANCISCO (Reuters) -U.S. President Donald Trump is injecting nearly $9 billion into Intel in exchange for a 9.9% equity stake. But the money - which the struggling chipmaker was slated to receive anyway under a federal funding act - will not be enough for itscontract-chipmaking business to flourish, analysts said.

What Intel needs is external customers for its so-called cutting-edge 14A manufacturing process - a tough ask, at least in the short term.

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