Intel's stock experienced a notable increase after President Trump praised CEO Lip-Bu Tan during a recent meeting. This shift in sentiment comes just days after Trump had called for Tan's resignation, indicating a significant turnaround in the relationship between the company and the administration. The praise highlights Tan's leadership and success, which could bolster investor confidence and improve Intel's market position amid ongoing challenges in the semiconductor industry.

The meeting between Trump and Tan signals potential positive developments for Intel, particularly in terms of government support and collaboration. As the semiconductor sector faces increasing competition and regulatory scrutiny, this newfound endorsement from a high-profile figure like Trump may provide Intel with leverage in negotiations and partnerships. Investors are likely to view this as a sign of stability and potential growth opportunities for the company.