In a surprise move on Friday, U.S. President Donald Trump announced that Intel will grant the federal government a 10% stake in the chipmaker—valued at roughly $10 billion—after a private Oval Office meeting with CEO Lip-Bu Tan. "I think you should pay us 10 percent of your company," Trump told The Washington Post, marking an unprecedented federal intervention into a private tech giant.
This agreement is part of a broader push to boost semiconductor manufacturing in the United States, though details on how the government will influence Intel’s strategic decisions remain unclear. Officials say this could pave the way for similar deals in other critical industries.
- 10% stake valued at ~$10B, equivalent to 10% of Intel’s market capitalization.
- Unprecedented government involvement in a private tech firm since the 2008 auto bailouts.
- Part of White House efforts to revitalize U.S. chip production.
- Potential template for future public-private partnerships in strategic sectors.
Market watchers note that this deal echoes the scale of the 2008 rescue of Chrysler and General Motors, when the federal government injected tens of billions into automakers. If carried out, this would be one of the largest interventions in a U.S. company outside of economic crisis or war.
For young entrepreneurs and tech innovators, this move underscores the increasing role of government in shaping the future of critical technologies. As the U.S. seeks to keep pace in global chip competition, all eyes will be on how this 10% stake influences Intel’s next steps—and what it signals for the broader tech landscape.
Reference(s):
cgtn.com
