How High Is Trump’s 10% Intel Stake After Apple Deal?
Tech How High Is Trumps 10% Intel Stake After Apple Deal? Intel shares surged on Friday after reports that Apple reached a preliminary agreement with the chipmaker to produce some chips for future devices, lifting the value of the U.S. governments 10% Intel stake acquired under President Donald Trump. According to market commentary, the stake was valued at about $8.9 billion when it was acquired in August 2025. After Intels latest rally, that position was estimated at about $56.5 billion, implying a gain of roughly $47.6 billion in less than eight months. during Friday trading before paring part of the move. Shares traded above $120, extending a 2026 rally that has taken the stock up more than 240% year to date. Source: The reported Apple agreement added to investor confidence in Intels foundry strategy, which aims to turn the company into a major contract chip manufacturer for large technology customers. Apple Deal Boosts Intel Foundry Case The reported agreement between Apple and Intel followed more than a year of talks, according to market reports. The deal would involve Intel manufacturing some chips for Apple devices, although final terms and production details were not immediately disclosed. Apple has long relied heavily on Taiwan Semiconductor Manufacturing Company for its custom chips.