Saralnama
Intel has agreed to transfer a 9.9 percent stake, equivalent to 433.3 million shares, to the US government in a deal valued at $8.9 billion, partially funded by $5.7 billion in unpaid grants from the Biden-era CHIPS and Science Act and $3.2 billion from the Secure Enclave program. This investment is separate from the $2.2 billion in CHIPS grants Intel has already received, totaling $11.1 billion in federal support. Intel stated the government’s ownership will be passive, with no board representation or governance rights, and the government will generally vote with Intel’s board. The agreement was announced by Intel and former President Donald Trump, who described it as a beneficial partnership. The deal follows pressure from the Trump administration for equity in exchange for federal funding aimed at boosting domestic semiconductor production. Intel CEO Lip-Bu Tan reaffirmed the company’s commitment to American-made advanced technologies and plans to invest over $100 billion in US operations. The move has drawn mixed reactions, with some critics warning it risks politicizing Intel and others praising it as strengthening US semiconductor leadership. The deal occurs amid Intel’s challenges competing with Asian chipmakers and ongoing political debates over the company’s leadership and ties to China. (Updated 23 Aug 2025, 09:15 IST; source: link)