Overview

• President Donald Trump said the government's new position in Intel will not be a one‑off and vowed to seek additional stakes and concessions from firms seeking approvals or support.
• The U.S. now holds roughly 10% of Intel after converting CHIPS subsidies, with voting shares subject to a minimum one‑year hold and the Commerce Department required to follow Intel's proposals in shareholder votes.
• Intel and AMD were granted export licenses for sales to China after agreeing to remit 15% of those chip revenues to the U.S. government.
• Intel detailed the arrangement and warned that visible U.S. government ownership could trigger new restrictions overseas, where it generates more than three quarters of its revenue.
• The strategy has drawn criticism from figures such as Mike Pence and the Wall Street Journal editorial board for expanding state influence, while adviser Kevin Hassett signaled more transactions are likely.