SoftBank is investing $2 billion in Intel, even as the White House is considering taking a 10% stake in chipmaker per reports, as talks with the company and Trump's team advance.

The Trump administration and Intel are poised to announce details of an agreement to give the U.S. government an equity stake in the troubled chipmaker on Friday, Bloomberg News

President Donald Trump announced a 10% equity stake in Intel, marking a significant intervention in corporate America. The deal, part of broader U.S. government efforts under Trump's leadership to bolster domestic semiconductor manufacturing,

Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money promised under Biden.

The White House confirmed on Tuesday that the Trump administration is working on a deal that could see the US government taking a 10% stake in chip giant Intel. "The president wants to put America's needs first, both from a national security and economic perspective," White House press secretary Karoline Leavitt told reporters.

Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.

Jefferies Asia’s Atul Goyal argues SoftBank’s tiny Intel stake limits exposure, while potential U.S. government backing could turn Masa’s Intel bet into an advantage. For Intel, still struggling with its turnaround,