Saralnama
The United States government is investing $8.9 billion in Intel, acquiring a 9.9 percent stake in the company through $5.7 billion in grants from the 2022 CHIPS Act and $3.2 billion from the Secure Enclave program. This investment aims to revitalize Intel and increase domestic chip manufacturing, reducing reliance on China. The deal was highlighted by former President Trump, who noted the government received shares valued at approximately $11 billion without direct payment. Legal experts have expressed surprise that the government acquired common stock rather than preferred stock, questioning the financial benefits for taxpayers. The intervention is unusual compared to past government bailouts, as Intel is not in a financial crisis but seeks to boost market share. The White House referred inquiries to Trump’s social media, where he praised the deal as beneficial for America and Intel’s semiconductor leadership. (Updated 23 Aug 2025, 04:07 IST; source: link)