Fact Check: Did Trump really post on Truth Social criticizing Intel stock?
WASHINGTON, DC: A viral post on social media claims that US President Donald Trump criticized Intel stock on Truth Social after its share price reportedly fell 30% in a single trading session. The post quotes Trump expressing regret over buying Intel shares and comparing the stock's performance to his cryptocurrency. Did Trump really publish this statement on Truth Social? Let’s fact-check the claim.
Claim: Trump criticized Intel's stock performance in Truth Social post
Someone’s getting fired https://t.co/3f3OVpJHlM
— Not Jerome Powell (@alifarhat79) October 30, 2026
An alleged Truth Social post attributed to Donald Trump has been circulating online alongside the caption, "Someone's getting fired."
The post, which supposedly criticizes Intel's stock performance, reads: "I shouldn’t have bought Intel. It’s a piece of shit stock that went down by 30% today in one candle. It’s even worse than my coin! Sad! Many people are saying it. Total disgrace!"
The alleged post has attracted political and public attention because of the US government's high-profile investment in Intel as part of the Trump administration's industrial policy.
The reported decline in the company's share value has also sparked discussions, memes, and criticism about the financial risks of government investments.
The incident comes amid wider debates over US efforts to strengthen domestic semiconductor manufacturing, competition with Taiwan Semiconductor Manufacturing Company (TSMC), and the wisdom of holding large public equity stakes in private companies such as Intel.
The alleged post has also sparked speculation in the comments section. One user questioned Trump's involvement in financial markets, writing, "And can a president trade stocks? 😂😂😂😂😂😂😂😂 or crypto? 😂😂😂😂😂😂😂😂 Kim although is best trader in the world Trump is jealous."
Another commenter expressed doubt about the post's authenticity, saying, "If it was real it would have ended with a statement like 'thank you for your attention to this matter..' so, it is fake! 😂"
A third user added, "He didn't post that, but the government did lose 30% today."
Fact Check: The claim is false
The claim is false. Someone fabricated a screenshot of a post attributed to Donald J. Trump (@realDonaldTrump) and dated October 30, 2026. The screenshot does not match any genuine post on Trump's Truth Social account or other verified channels.
On October 30, 2026, Intel (NASDAQ: INTC) shares closed at $65.76, down 28.58% from their previous closing price of approximately $92.07.
Some reports recorded intraday losses approaching or briefly exceeding 30%. The sharp decline marked one of Intel's worst single-day performances in decades. The company triggered the sell-off after issuing weak fourth-quarter guidance, despite reporting better-than-expected third-quarter earnings.
The stock decline also drew attention to the US government's investment in Intel. In August 2025, the Trump administration, through the Commerce Department, acquired an approximately 9.9% stake in the company, purchasing around 433.3 million shares at approximately $20.47 each for a total of about $8.9 billion.
The October 30 sell-off wiped an estimated $11–12 billion in paper value from the government's holding, although the investment remained profitable compared with its original purchase price.
Trump had previously spoken positively about the government's investment in the chipmaker.
The fabricated post also refers to the Official Trump (TRUMP) meme coin, a cryptocurrency launched on the Solana blockchain in January 2025. The coin initially reached an all-time high of approximately $73–$77, with some reports placing its peak near $82. However, by late October 2026, it traded at around $1.55–$1.59, representing a decline of roughly 97–98% from its peak.
The post's wording, exaggerated language, and reference to Trump's cryptocurrency suggest that someone created it as satire about Intel's falling share price, the meme coin's losses, and the US government's investment in the company. No evidence confirms that Trump published the statement or that anyone faced dismissal over Intel's stock decline.
