President Donald Trump said on Dec. 2 that the U.S. government made $40 billion from its deal with chipmaker Intel.
The president, speaking during his Cabinet meeting, told reporters that the head of Intel visited him to discuss problems the company had been facing.
“I said, ‘Look, we’ll fix your problem, but I think the United States is entitled to 10 percent of your company,’” Trump stated. “And the chairman looked at me, and he goes, ‘You have a deal.’”
After briefly conferring with Commerce Secretary Howard Lutnick, Trump revealed that the United States has made $40 billion in three months….