CNBC anchorJim Cramerwas left literally speechless on Monday after he was informed that PresidentDonald Trumphad been trading stocks in Intel.
During a discussion on CNBC’sSquawk on the Street, Cramer remarked, “You know, the president, U.S. government got in. He could sell it and get that–”
Co-hostCarl Quintanillainterrupted, “Yes, and according to the filings, the president’s been trading some Intel in the quarter, yeah.”
Cramer then stumbled over his words, unable to formulate a response, as both Quintanilla and co-hostDavid Fabermocked him.
“Got nothing to say about that?” asked Faber, as he jokingly tapped Cramer. “Alright, don’t worry, we’re not having technical difficulties here everybody, but we’ve got to go.”
OMFG the CNBC anchors were puffing up the value of chipmaker Intel, they brought up Trump doing personal trades in the stock, and Jim Cramer stuttered for 15 seconds straight and then was quiet.
Was Cramer shocked by the corruption or mad Trump was picking better stocks?pic.twitter.com/oCl3ypNids
— Matt Stoller (@matthewstoller)May 18, 2026
President Trump took a 10% stake in Intel last year on behalf of the U.S. government in acontroversialdeal with has so far netted the government more than $50 billion in stocks.
“Intel should be the biggest company in the world right now,” said Trump during aninterviewwith Fortune this week. “If I had been president when all these companies started sending their chips in from China, I would have put a tariff on that would have protected Intel.”
Source: Drudge Report
