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White House confirms plans to take a stake in Intel - and it might be eyeing
up other chipmakers too

Date:
Wed, 20 Aug 2025 12:02:00 +0000

Description:
Intel may be about to hand over 10% of the company to the US Government.

FULL STORY

The White House has confirmed it is negotiating a deal that could hand over a
10% stake in Intel to the US government. 

The chipmaker has faced serious uncertainty in recent months , with multiple
quarters of revenue decline, but the agreement could involve trading Intel
shares for existing government grants. 

"The president wants to put America's needs first, both from a national
security and economic perspective," White House press secretary Karoline
Leavitt told reporters . "We should get an equity stake for our money. We'll
get equity in return for that... instead of just giving grants away."

Trade wars

It's a surprise twist to see President Trump turning away from the
lassiaze-faire liberal economic policies that have dominated the American
economy for decades - all in order to prop up Intel. 

Trump previously called for Intel CEO Lip-Bu Tan to resign - calling him
highly conflicted, most likely due to his stint as CEO of Cadance design
systems, an organisation that recently plead guilty to illegally selling
export-controlled tech to organisations with connections to the Chinese
military. 

Intel  is perhaps the main US hope at rivaling Chinese and Taiwanese
chipmaking giants - who are almost undoubtedly ahead in the semiconductor
market battle. 

However Intels recent layoffs have seen between 15-20% of US factory workers
made redundant, indicating that domestic capabilities are not growing as the
administration may have hoped. 

The potential deal could give Intel the stability it needs to fully invest in
domestic manufacturing, and could see the company build a flagship
manufacturing hub in Ohio - although the White House dismissed the discussion
of potential deals as speculation. 

Fellow chipmaking giants Nvidia and AMD, agreed recently that 15% of chip
sales will now go to the US government in exchange for export licences to
China - despite growing national security concerns. 

Via BBC

======================================================================
Link to news story:
https://www.techradar.com/pro/white-house-confirms-plans-to-take-a-stake-in-in
tel-and-it-might-be-eyeing-up-other-chipmakers-too

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