Trump's Terms

Trump administration wants government to have an equity stake in chipmaker Intel

Aug 20, 2025
The Trump administration is eyeing a significant equity stake in Intel, raising questions about government involvement in tech. Experts discuss how this move ties into broader economic strategies and national security concerns surrounding semiconductor manufacturing. The balance of taxpayer interests with Intel's future expansions and collaborations is also scrutinized, highlighting the transformative potential of this unusual deal for the tech industry.
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INSIGHT

Government Seeks Nonvoting Equity

  • The administration plans to convert CHIPS Act grants into a non-voting equity stake in Intel instead of just giving cash.
  • They argue this gives taxpayers a tangible "benefit of the bargain" for nearly $8 billion in support.
ADVICE

Require Tangible Returns For Public Funding

  • Demand measurable returns when public funds support big corporations.
  • Convert grants to equity to ensure taxpayers share upside and oversight.
ANECDOTE

Intel Under Intense White House Scrutiny

  • Intel has faced rapid public pressure, including calls for its CEO's ouster and a White House meeting.
  • The company now says it will work with the administration and supports U.S. chipmaking goals.
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