The company has fallen behind in the AI hype and in recent days, it has emerged that negotiations are underway with investors to obtain a capital injection.
On Friday, sources told the news agency Bloomberg that the government and Intel have agreed that the state will take over 10 percent of the shares - but that the formal decision has not yet been made.
Then President Donald Trump spoke about an agreement being in place.
They have agreed to do it and I think it's a good deal for them, he said.
Trump and Intel's CEO Lip-Bu Tan have scheduled discussions on the matter on Friday.
Minister of Trade Howard Lutnick told CNBC this week that the government wants a non-voting ownership in Intel as compensation for government funds for research, development and production of semiconductors.
We will get shares in exchange for that, said Lutnick.