Intel Shares Rally After Trump Hails the Chipmaker’s Progress

Intel Corp. CEO Lip-Bu Tan departs following a meeting at the White House in Washington in August 2025. — Intel Corp. CEO Lip-Bu Tan departs following a meeting at the White House in Washington in August 2025.
Photographer: Alex Wroblewski/Bloomberg

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By Maggie Eastland and Ian King

January 8, 2026 at 11:01 PM UTC

Updated on

January 9, 2026 at 9:26 PM UTC

Intel Corp. shares gained the most since September after President Donald Trump touted the technological progress — and stock-market performance — of the long-struggling chipmaker.

Trump met with Intel Chief Executive Officer Lip-Bu Tan on Thursday at the White House, where the two men discussed the company’s new line of processors following the US government’s purchase of shares in the chipmaker.