Intel, a crucial American chipmaker, faces challenges as demand for its older chips declines and its manufacturing expansion slows. CEO Lip-Bu Tan's recent meeting with Donald Trump has sparked speculation about a potential government investment to stabilize the company. While Trump emphasizes the need for Intel's survival, he aims to reshape how the state interacts with business, resembling an activist investor. As Intel struggles to attract customers for its foundry services, Trump's administration might push competitors like AMD and Nvidia to collaborate with Intel, potentially reshaping the semiconductor landscape.