[Insider: Trump Prepares to Announce Intel Equity Deal on Friday] BlockBeats News, August 23, insiders revealed that the Trump administration and Intel (INTC.O) are preparing to announce details of an agreement on Friday, which will allow the U.S. government to hold equity in the chip manufacturer. Specific details of the arrangement remain unclear. The negotiations focus on converting grants under the 'CHIPS and Science Act' into approximately 10% government-held equity. This deal is part of efforts to bolster the struggling company, which President Trump considers critical to U.S. national security. Intel (INTC.O) shares rose 5.7%, hitting an intraday high. (Jin10)