Just five months into his tenure as Intel’s CEO, Lip-Bu Tan was fighting for his job. Getting to a truce with the president was a two-week roller-coaster ride.

President Donald Trump says the US paid zero for its 10% stake in Intel, even though the deal is worth about $11 billion. The government will be a passive owner, with no board seat or other governance or information rights,

On Monday, Trump and team made clear that taking a roughly 10% stake in Intel is just the beginning of dealmaking that could lead to US taxpayers holding unprecedented shares in p