Saralnama
The US government will invest $8.9 billion in Intel by converting remaining grants from the CHIPS and Science Act and the Secure Enclave program into a nearly 10% equity stake. This investment includes $5.7 billion in previously awarded but unpaid CHIPS Act grants and $3.2 billion from the Secure Enclave program, adding to the $2.2 billion Intel has already received under the CHIPS Act. Intel CEO Lip-Bu Tan expressed gratitude for the government's confidence and commitment to advancing US technology and manufacturing leadership. The government’s stake will be passive, with no board representation or governance rights. The announcement followed a meeting between former President Donald Trump and Tan, during which Trump proposed the US become a partner in Intel. This deal coincides with SoftBank’s recent $2 billion investment in Intel to expand US chipmaking. The government’s involvement reflects ongoing efforts to strengthen domestic semiconductor production amid national security and economic priorities. (Updated 23 Aug 2025, 06:37 IST; source: link)