{"id":1012,"date":"2025-08-23T01:45:38","date_gmt":"2025-08-22T21:45:38","guid":{"rendered":"https:\/\/www.actutech.app\/us-government-takes-10-percent-stake-in-intel-in-exchange-for-money-it-was-already-on-the-hook-for\/"},"modified":"2025-08-23T01:45:38","modified_gmt":"2025-08-22T21:45:38","slug":"us-government-takes-10-percent-stake-in-intel-in-exchange-for-money-it-was-already-on-the-hook-for","status":"publish","type":"post","link":"https:\/\/www.actutech.app\/en\/us-government-takes-10-percent-stake-in-intel-in-exchange-for-money-it-was-already-on-the-hook-for\/","title":{"rendered":"US government takes 10 percent stake in Intel in exchange for money it was already on the hook for"},"content":{"rendered":"
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\n\tTrump revealed the news during a briefing about the World Cup. | Photographer: Annabelle Gordon\/UPI\/Bloomberg via Getty Image\t<\/figcaption><\/p><\/figure>\n

The US is investing $8.9 billion into Intel, but most of the funds come from money that the government was supposed to pay the embattled chipmaker anyway. In an announcement on Friday<\/a>, Intel said the federal government will fund its investment using the remaining $5.7 billion<\/a> in grants it hasn\u2019t yet received under the Biden administration\u2019s CHIPS Act, in addition to the $3.2 billion received as part of the Secure Enclave<\/a> program.<\/p>\n

President Donald Trump confirmed the investment during a press briefing before the formal announcement, saying Intel CEO Lip-Bu Tan agreed to give the government a 10 percent stake. Earlier this month, Trump called on Tan to resign over his ties to China<\/a>, and today he positioned the deal as a way for the executive to \u201ckeep his job.\u201d<\/p>\n

Trump told reporters that he floated the offer during negotiations with Tan. \u201cI said, \u2018I think it would be good having the United States as your partner,\u2019\u201d Trump said. \u201cThey\u2019ve agreed to do it, and I think it\u2019s a great deal for them.\u201d Intel has already received $2.2 billion under the CHIPS Act.<\/p>\n

The government\u2019s investment in Intel \u201cwill be a passive ownership, with no Board representation or other governance or information rights,\u201d according to Intel. \u201cWe are grateful for the confidence the President and the Administration have placed in Intel, and we look forward to working to advance U.S. technology and manufacturing leadership,\u201d Tan says in the press release.<\/p>\n

The confirmation of the deal comes just days after SoftBank announced plans to invest $2 billion into Intel<\/a> to \u201cfurther expand\u201d chipmaking in the US. <\/p>\n

The federal government\u2019s stake in the embattled chipmaker<\/a> marks yet another move that blurs the line between government and business<\/a>, as reports suggest that the Trump administration has demanded that Nvidia and AMD give<\/a> the government a 15 percent cut of chip sales to China.<\/p>\n

Treasury Secretary Scott Bessent hinted at the government\u2019s<\/a> potential investment this week, saying during an interview with CNBC that it \u201cwould be a conversion of grants\u201d meant to \u201cstabilize the company for chip production here in the US.\u201d<\/p>\n

It doesn\u2019t seem like this is the end for Trump\u2019s approach to deal-making, as he said during the briefing that \u201che\u2019ll do more of them\u201d in the future.<\/p>\n

Update, August 22nd: <\/strong>Added information from Intel.<\/em><\/p>","protected":false},"excerpt":{"rendered":"

Trump revealed the news during a briefing about the World Cup. | Photographer: Annabelle Gordon\/UPI\/Bloomberg via Getty Image The US […]<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1012","post","type-post","status-publish","format-standard","hentry","category-non-classe"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.actutech.app\/en\/wp-json\/wp\/v2\/posts\/1012","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.actutech.app\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.actutech.app\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.actutech.app\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.actutech.app\/en\/wp-json\/wp\/v2\/comments?post=1012"}],"version-history":[{"count":0,"href":"https:\/\/www.actutech.app\/en\/wp-json\/wp\/v2\/posts\/1012\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.actutech.app\/en\/wp-json\/wp\/v2\/media?parent=1012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.actutech.app\/en\/wp-json\/wp\/v2\/categories?post=1012"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.actutech.app\/en\/wp-json\/wp\/v2\/tags?post=1012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}