{"id":63352,"date":"2026-06-18T01:08:14","date_gmt":"2026-06-18T05:08:14","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/trump-announces-us-equity-stake-in-intel-wall-street-challenges-basel-rules\/63352\/"},"modified":"2026-06-18T01:08:14","modified_gmt":"2026-06-18T05:08:14","slug":"trump-announces-us-equity-stake-in-intel-wall-street-challenges-basel-rules","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/trump-announces-us-equity-stake-in-intel-wall-street-challenges-basel-rules\/63352\/","title":{"rendered":"Trump Announces US Equity Stake in Intel; Wall Street Challenges Basel Rules"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/trump-announces-us-equity-stake-in-intel-wall-street-challenges-basel-rules\/63352\/#Key_Takeaways\" >Key Takeaways<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/trump-announces-us-equity-stake-in-intel-wall-street-challenges-basel-rules\/63352\/#US_Government_Takes_Equity_Stake_in_Intel\" >U.S. Government Takes Equity Stake in Intel<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/trump-announces-us-equity-stake-in-intel-wall-street-challenges-basel-rules\/63352\/#Wall_Street_Pushes_Back_on_Capital_Rules\" >Wall Street Pushes Back on Capital Rules<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/trump-announces-us-equity-stake-in-intel-wall-street-challenges-basel-rules\/63352\/#JPMorgan_Restricts_AI_Access_in_Hong_Kong\" >JPMorgan Restricts AI Access in Hong Kong<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/trump-announces-us-equity-stake-in-intel-wall-street-challenges-basel-rules\/63352\/#China_Proposes_Massive_Expansion_of_Tariff-Free_Trade\" >China Proposes Massive Expansion of Tariff-Free Trade<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/trump-announces-us-equity-stake-in-intel-wall-street-challenges-basel-rules\/63352\/#Market_Brief_Bonds_and_Forex\" >Market Brief: Bonds and Forex<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>President Trump announced a 10% U.S. government ownership stake in Intel (<a href=\"\/stock\/INTC\">INTC<\/a>)<\/strong> as part of a strategic push to return semiconductor manufacturing to domestic soil.<\/li>\n<li><strong>Apple (<a href=\"\/stock\/AAPL\">AAPL<\/a>) has reportedly agreed to partner with Intel<\/strong> for the design and production of chips within the United States, marking a significant shift in the tech giant&#39;s supply chain.<\/li>\n<li><strong>Wall Street trade bodies are pressuring U.S. regulators<\/strong> to further ease &quot;Basel III Endgame&quot; capital requirements, warning of potential liquidity strains in the <strong>$27 trillion Treasury market<\/strong>.<\/li>\n<li><strong>JPMorgan Chase (<a href=\"\/stock\/JPM\">JPM<\/a>) has blocked its Hong Kong staff<\/strong> from accessing Anthropic\u2019s AI models, citing licensing terms and following a similar restrictive move by Goldman Sachs (<a href=\"\/stock\/GS\">GS<\/a>).<\/li>\n<li><strong>China\u2019s U.S. envoy proposed a 10-fold increase<\/strong> in the limit for tariff-free trade, suggesting a jump from <strong>$30 billion to $300 billion<\/strong> under a newly established joint board.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"US_Government_Takes_Equity_Stake_in_Intel\"><\/span>U.S. Government Takes Equity Stake in Intel<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In a move to bolster national security and domestic manufacturing, President Donald Trump announced that the U.S. government has secured a <strong>10% ownership stake<\/strong> in Intel (<a href=\"\/stock\/INTC\">INTC<\/a>). The President stated that the investment, which has reportedly grown in value to <strong>$60 billion<\/strong>, was a condition for federal assistance to the semiconductor giant.<\/p>\n<p>Intel is also set to become a primary domestic partner for Apple (<a href=\"\/stock\/AAPL\">AAPL<\/a>), which has agreed to design and manufacture chips in the U.S. using Intel\u2019s facilities. This partnership, alongside existing deals with Nvidia (<a href=\"\/stock\/NVDA\">NVDA<\/a>) and Elon Musk\u2019s TerraFab, positions Intel at the center of a revitalized American chip industry.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Wall_Street_Pushes_Back_on_Capital_Rules\"><\/span>Wall Street Pushes Back on Capital Rules<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Major financial trade bodies have issued a formal warning to the Federal Reserve and the FDIC regarding the proposed <strong>Basel III Endgame<\/strong> capital rules. The groups argue that the current requirements would force banks to hold excessive capital against government debt, potentially <em>harming liquidity in the U.S. Treasury market<\/em>.<\/p>\n<p>The industry is seeking further concessions to the rules, which were already recently revised to reduce the aggregate capital hike for large banks. Regulators are currently reviewing these proposals, with the comment period closing today, June 18, 2026.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"JPMorgan_Restricts_AI_Access_in_Hong_Kong\"><\/span>JPMorgan Restricts AI Access in Hong Kong<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>JPMorgan Chase (<a href=\"\/stock\/JPM\">JPM<\/a>) has restricted employees in its Hong Kong offices from accessing AI tools developed by Anthropic. The decision reportedly stems from specific language in Anthropic\u2019s usage terms and reflects growing caution among Western financial institutions operating in the region.<\/p>\n<p>This move follows a similar restriction by Goldman Sachs (<a href=\"\/stock\/GS\">GS<\/a>) earlier this month. While Hong Kong has historically remained outside mainland China&#39;s &quot;Great Firewall,&quot; the restriction of high-end AI models like <strong>Claude<\/strong> suggests a tightening of corporate compliance and national security protocols.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"China_Proposes_Massive_Expansion_of_Tariff-Free_Trade\"><\/span>China Proposes Massive Expansion of Tariff-Free Trade<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Chinese Ambassador Xie Feng has called for a dramatic expansion of the tariff-free trade basket under the newly formed <strong>US-China Board of Trade<\/strong>. During a gala in Washington, Xie proposed raising the exemption limit from <strong>$30 billion to as much as $300 billion<\/strong>, covering non-sensitive industrial and agricultural goods.<\/p>\n<p>The proposal comes as both nations seek to stabilize trade relations following a period of intense volatility. The ambassador noted that many American business leaders support a longer list of exemptions to maintain the flow of bilateral trade, which totaled over <strong>$400 billion<\/strong> in 2025.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Market_Brief_Bonds_and_Forex\"><\/span>Market Brief: Bonds and Forex<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Japanese government bond yields saw upward movement today, with the <strong>30-year yield reaching 3.755%<\/strong> and the <strong>20-year yield climbing to 3.515%<\/strong>. The rise follows the Bank of Japan&#39;s recent decision to lift interest rates to a 31-year high of <strong>1.00%<\/strong>.<\/p>\n<p>In the currency markets, the <strong>AUD\/USD<\/strong> pair is eyeing the <strong>0.7050<\/strong> level. While a weaker U.S. Dollar and a hawkish Reserve Bank of Australia are supporting the Aussie, technical resistance at the <strong>100-day Simple Moving Average (SMA)<\/strong> remains a key hurdle for bulls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways President Trump announced a 10% U.S. government ownership stake in Intel (INTC) as part of a strategic push [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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