Trump Secures 10% US Stake in Intel with $11B CHIPS Act Funds
Monday, 25 August 2025 () President Trump has secured a 10% stake in Intel for the U.S. government, converting $11.1 billion in CHIPS Act funds into equity to aid the struggling chipmaker amid competition and national security concerns. Intel's shares surged 7%, but the move raises questions about government influence in tech. This could set precedents for future interventions.
The U.S. government's $8.9 billion stake in Intel, facilitated by the CHIPS Act, signals a novel investment approach, according to Kevin Hassett. While the... IndiaTimes
The idea is to turn some or all of Intel’s promised Chips and Science Act grants into government-owned shares. Intel has been approved for $10.9 billion in... Zee News
The US government has acquired a 10% stake in Intel for $8.9 billion, funded through CHIPS Act grants and the Secure Enclave program. This move, celebrated by... IndiaTimes