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6h ago

Trump Administration Weighs Stake in Intel to Finance U.S. Chip Plants

The USAI narrative is intended to strengthen Intel’s pitch for federal investment after reports that the White House is negotiating a stake to fund delayed fabs.

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Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, US, on Monday, Aug. 11, 2025. President Donald Trump said members of his Cabinet would continue discussions with Tan in the coming days after meeting with the Intel Corp. chief executive officer at the White House on Monday. Photographer: Alex Wroblewski/Bloomberg via Getty Images
The Intel logo on a sign in front of Intel headquarters on July 16 in Santa Clara, California.
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Overview

  • The Trump administration has held discussions to acquire an equity stake in Intel to fund its delayed Ohio and other U.S. fabs.
  • Intel has launched its USAI campaign to portray itself as a champion of American semiconductor manufacturing and bolster its pitch for federal backing.
  • In partnership with EdgeRunner AI, Intel is developing air-gapped, on-device AI agents designed to operate without internet connectivity for U.S. military use.
  • Chief executive Lip-Bu Tan faces ongoing political pressure over past investments linked to China and has received calls for his resignation.
  • Former CEO Craig Barrett has proposed a $40 billion plan urging major customers to invest in Intel as an alternative to government equity support.