Friday, 29 August, 2025
Trump Administration’s Stake in Intel Designed to Lock Down Its Business
The U.S. government has taken a 10% equity stake in Intel, backed by a $5.7 billion cash injection to support its chipmaking division. The deal includes a five-year warrant for an additional 5%—triggered only if Intel’s ownership of its foundry business falls below 51%—effectively discouraging divestment of the manufacturing unit. Critics say this secures foundry control under domestic oversight amid mounting losses.
Read full story at TechCrunch