Coin World News reported that on August 23, informed sources indicated that the Trump administration and Intel (INTC.O) are preparing to announce details of an agreement on Friday that would allow the U.S. government to hold equity in the chip manufacturer. The specific details of this arrangement are not yet clear. The focus of the negotiations is to convert the funding under the 'Chips and Science Act' into approximately 10% government equity. This deal will be part of efforts to boost the struggling company, which U.S. President Trump believes is crucial for national security. Intel (INTC.O) shares rose 5.7%, hitting an intraday high.