President Trump said on Friday he had asked Intel CEO Lip-Bu Tan for a 10% stake in the company during a recent meeting at the White House.

"He agreed, and they've agreed to do it, and I think it's a great deal for them," Trump told reporters. "He walked in wanting to keep his job, and he ended up giving us $10 billion for the United States," Trump said.

Neither Intel nor the White House press team immediately responded to requests for comment.

But should such a deal move ahead, it would be a highly unusual step — it would mark an escalation in the Trump administration's efforts to push chipmakers to manufacture in the United States, and a new milestone in how willing CEOs are to cede the president an unprecedented amount of control over their companies.

The nature of how a deal mi

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