Trump’s Intel Boast Sparks Bullish Sentiment for U.S. Chipmakers and Tech ETFs

President Trump has posted a new announcement on Truth Social, the social media platform. He wrote:

“I just finished a great meeting with the very successful Intel CEO, Lip-Bu Tan. Intel just launched the first SUB 2 NANOMETER CPU PROCESSOR designed, built, and packaged right here in the U.S.A. The United States Government is proud to be a Shareholder of Intel, and has already made, through its U.S.A. ownership position, Tens of Billions of Dollars for the American People — IN JUST FOUR MONTHS. We made a GREAT Deal, and so did Intel. Our Country is determined to bring leading edge Chip Manufacturing back to America, and that is exactly what is happening!!!”

How Will Trump’s Statement Affect the Stock Market?

This latest post has the potential to affect the stock market. That’s because Trump’s post highlighting Intel’s sub-2nm U.S.-made chip and government equity stake could boost sentiment for Intel (INTC) specifically, while also providing a tailwind to semiconductor equipment suppliers like Applied Materials (AMAT) and ASML (ASML) on expectations of increased domestic chip capex. Broader tech and semiconductor exposure ETFs such as QQQ, XLK, VGT, and to some extent sector-diversified funds like VIS, XLI, and IYJ, could see positive flows as investors extrapolate stronger U.S. manufacturing and technology leadership. However, the explicit mention of government ownership and rapid profits may also raise regulatory and political risk considerations, potentially adding volatility to Intel and related semiconductor and industrial names.

Here are some of the stocks that might be affected:
Applied Materials, Inc. ((AMAT)),
Asml Holding N.V. ((ASML)),
Intel ((INTC)),
Invesco QQQ Trust ((QQQ)),
Vanguard Industrials ETF ((VIS)),
Industrial Select Sector SPDR Fund ((XLI)),
Technology Select Sector SPDR Fund ((XLK)),
Vanguard Information Technology ETF ((VGT)),
iShares U.S. Industrials ETF ((IYJ)).