Government's Stake in Intel: Implications and Context

This chapter examines the U.S. government's recent acquisition of a stake in Intel, discussing the legal and policy ramifications of this move within the framework of the CHIPS Act. It contrasts Intel's current challenges with historical government interventions in distressed companies and raises questions about the impact of government ownership on market dynamics. The chapter also explores the complexities surrounding legal frameworks relevant to corporate deals and the potential motives behind the government's investment strategy.