I paid 'zero', it's worth $11 bn: Trump on US govt taking 10% stake in Intel
US President Donald Trump has defended his administration's decision to take 10% stake in chipmaking giant Intel. "I paid zero for Intel, it is worth approximately 11 billion dollars. All goes to the USA," said Trump. "I'll make deals like that for our country all day long," he added. Notably, the deal involves converting government grants into an equity share.