President Donald Trump on Monday defended the country’s 10% stake in Intel, slamming critics of the deal in a morning social media post.

"I PAID ZERO FOR INTEL, IT IS WORTH APPROXIMATELY 11 BILLION DOLLARS," Trump wrote on Truth Social ahead of the opening bell on Wall Street. "All goes to the USA. Why are ‘stupid’ people unhappy with that? I will make deals like that for our Country all day long. I will also help those companies that make such lucrative deals with the United States States. I love seeing their stock price go up, making the USA RICHER, AND RICHER. More jobs for America!!! Who would not want to make deals like that?"

Intel shares have gained 28% this month, fueled by the deal to help shore up the struggling chipmaker and focus on American-made semiconductors. The Trump

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