The timeline just glitched because Trump completely flipped on Intel after securing a massive stake, praising the Panther Lake launch on Truth Social immediately following a successful meeting with CEO Lip-Bu Tan. That executive previously faced calls to resign over Chinese investment links, yet the Commerce Department brokered a truce involving a ten percent government equity share to save the foundry division.
Managing this pivot required contacting Commerce Secretary Howard Lutnick directly to bypass initial hostility. Securing that equity position effectively locked in nearly nine billion dollars in grants, neutralizing threats against the CHIPS Act incentives, while stabilizing the corporate balance sheet against internal board...