Dave Lee, Columnist

Intel Got a Trump Bump. Now It Has to Capitalize on It.

October 10, 2025 at 10:00 AM UTC

Dave Lee is Bloomberg Opinion's US technology columnist. He was previously a correspondent for the Financial Times and BBC News.

Intel CEO Lip-Bu Tan is riding high.
Photographer: Alex Wroblewski/Bloomberg

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If you set aside that morning when President Donald Trump called for his head, Lip-Bu Tan, the chief executive officer of Intel Corp., has had a terrific couple of months.

Whether it can be called a Trump bump, or just a validation of Tan’s strategy, will depend somewhat on your own opinions. But it’s certainly a fact that since the White House signaled it would take a 10% stake in America’s storied chipmaker, its fortunes have improved greatly and its shares have risen more than 50%.