# Intel CEO: Government Support Needed for Chips

> Intel's CEO says strong government backing is crucial for its contract chip business.
- Title: Intel CEO: Government Support Needed for Chips · Nikkei Asia
- Summary: Intel's CEO says strong government backing is crucial for its contract chip business. Intel's CEO states U.S. government support is essential for growing its…
- Keywords: intel, contract chip business, white house, semiconductors, us government, trump administration, news, business, world, CEO, Government, Support
- Source: Nikkei Asia — https://asia.nikkei.com/business/tech/semiconductors/intel-chief-says-white-house-will-not-meddle-in-its-semiconductor-business
- Published: 2026-10-16T23:35:47+00:00
- Read time: 1 min
- Topics: intel, contract chip business, white house, semiconductors, us government, trump administration, news, business, world
## Intel CEO
Intel's chief executive says strong government support is needed for its contract chip business.

> U.S. President Donald Trump's administration does not have 'any policy' to use a minority stake in Intel to interfere in its business strategy
## White House backing
The White House says it will not interfere with Intel's business strategy but supports growth in contract chipmaking.

> U.S. President Donald Trump's administration does not have 'any policy' to use a minority stake in Intel to interfere in its business strategy
## Intel's strategy
Intel has received equity stakes from the U.S. government, SoftBank Group, and Nvidia to support its recovery.
## Key takeaway

Intel's CEO states U.S. government support is essential for growing its contract chip business.