TradingKey – On Tuesday, August 12, Intel Corporation (NASDAQ: INTC) extended its recent gains, rising 3.24% in pre-market trading to $21.35. This follows a 5% intraday surge on Monday, with the stock closing up 3.66%, driven by speculation surrounding a potential revenue-sharing agreement with the Trump administration.
Intel Stock Chart – Source: Google
On Monday, Intel CEO Lip-Bu Tan visited the White House for a private meeting with President Donald Trump. While Trump described the conversation as “very interesting,” no official details were disclosed. The meeting comes just weeks after Trump publicly called for Tan’s resignation, citing “serious conflicts of interest” — a remark widely interpreted as referencing Tan’s Chinese heritage and Intel’s exposure to China.
Industry insiders believe Intel may be negotiating a revenue-sharing arrangement similar to those struck by Nvidia (NVDA) and AMD, which reportedly agreed to surrender 15% of their China sales revenue in exchange for export license approvals. If Intel follows suit, it could unlock new export pathways while aligning with Trump’s broader tech decoupling strategy.