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Trump Administration in Talks to Take a 10% Stake in Intel
Trump Administration in Talks to Take a 10% Stake in Intel
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BTCCSquare news:
The TRUMP administration is negotiating a potential 10% equity stake in Intel Corp., a move that would position the U.S. government as the chipmaker's largest shareholder. The investment could involve converting portions of Intel's $10.9 billion CHIPS Act grants into equity—a figure nearly equivalent to the targeted stake at current market valuations.
Discussions remain fluid, with no final decision on the stake's size or whether the WHITE House will proceed. Intel's role in both commercial and military semiconductor production adds geopolitical weight to the deliberations. The Biden-era CHIPS Act, designed to bolster domestic chip manufacturing, now faces a potential strategic reinterpretation under Trump's team.
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