Reports that the Trump administration was contemplating buying a stake in Intel to help ease its financial woes and boost its manufacturing business sent Intel’s shares up more than 7% late last week, Oregonlive reported.
But a Bloomberg report Monday suggests the Trump administration is now considering something far less appealing, at least from Intel’s perspective.
Instead of inviting in Intel directly, the government would take an ownership stake in exchange for paying out money the company had already been promised by the Biden administration under the CHIPS act Monday’s report said the move could give the federal government a 10% stake in the country’s most advanced semiconductor manufacturer.
Intel has a market value of about $100 billion, so a 10% stake would be worth $10 billion. The company’s shares fell 3.6% in early trading Monday, to $23.67. Intel declined to comment on the latest report.
The Biden administration awarded Intel $7.9 billion from the federal CHIPS Act, bipartisan legislation passed in 2022, to help finance Intel’s factory expansion. But the Trump administration has stopped making payments, adding to Intel’s financial strain.
CalCalistech reported: The Trump administration is intakes to take a 10% stake in Intel converting some or all of the struggling company’s Chips Act grants into equity, Bloomberg News reported, citing a White House official and other people familiar with the matter.
Intel has been slated to receive a combined $10.9 billion Chips Act grants for commercial and military production, an amount roughly equal to the value of the proposed government holding, according to Bloomberg’s report on Monday.
Media reports said last week that the U.S. government may buy a state in Intel following a meeting between CEO Lip-Bu Tan and President Donald Trump. The meeting was prompted by Trump’s demand for the new Intel chief’s resignation over his ties to Chinese firms.
Analysts said federal funding could give Intel breathing room to revive its loss-making foundry business. However, the company continues to face a weak product roadmap and difficulties attracting customers to its new factories.
Reuters reported: The Trump administration is in talks to take a 10% stake in Intel by converting some or all of the struggling company’s Chips Act grants into equity, Bloomberg News reported, citing a White hour official and other people familiar with the matter.
Shares of Intel fell 3.8% on Monday, after rallying last week on hopes of U.S. federal support. A 10% stake in the American chipmaker would be worth about $10 billion.
Intel has been slated to receive a combined $10.9 billion in Chips Act grants for commercial and military production, and the figure is roughly enough to pay for the government’s holding, according to the Bloomberg report on Monday.




One of the problems with watching video podcasts as an alternative to conventional television is that you have typically and deliberately watch one video at a time. On longer videos it’s not as much of a problem, but with short videos that last 5 minutes or less you have to keep manually restarting the next video after the previous one has finished.
Carissa O’Brien interviews Scott from Intel GE Care Innovations. Scott demonstrates the GE Healthcare text-to-speech reader in conjunction with the Capture Station.