Overview

• Intel has not confirmed the transaction, and a White House official said talks continue without a finalized agreement.
• Administration officials say the stake would come from converting previously committed CHIPS Act subsidies, estimated at nearly $11 billion, into equity without voting rights.
• Any deal would likely require Intel board approval and could face legal challenges from shareholders, according to reporting and market analysts.
• The announcement follows Trump's earlier call for CEO Lip‑Bu Tan to resign over alleged China ties and a subsequent White House meeting focused on a potential stake sale.
• Officials have signaled the approach could be applied to other chipmakers like TSMC, Samsung, or Micron, and it follows a recent $2 billion SoftBank investment in Intel.