Trump administration in talks to take 10% stake in Intel

Trump administration in talks to take 10% stake in Intel00:56

معلومات تحميل وتفاصيل الفيديو Trump administration in talks to take 10% stake in Intel

المؤلف:

B.C. Begley

تاريخ النشر:

19‏/8‏/2025

الوصف:

The Trump administration is reportedly considering taking a 10% equity stake in Intel by converting some or all of its $10.9 billion in Chips Act grants, potentially valuing the stake at around $10 billion. The move comes amid concerns over Intel’s struggling foundry business and follows a meeting between President Trump and new CEO Lip‑Bu Tan. Analysts say federal backing could help Intel, though the company faces product and customer challenges, Reuters has reported. The proposal reflects Trump’s broader strategy of government involvement in critical tech and manufacturing sectors, reminiscent of past interventions like the GM bailout.