Overview

• Commerce Secretary Howard Lutnick and an Intel statement said the government now holds about 9.9–10% of the company after applying the remaining $8.9 billion in support.
• The shares are non-voting, limiting Washington’s formal influence over Intel’s management decisions.
• Intel said the U.S. secured an option to buy an additional 5% within five years at $20 per share, with conditions tied to Intel’s ownership of its fabrication business.
• Intel’s stock rose roughly 5–6% after the announcement.
• The move comes as Intel contends with heavy losses and competitive pressure from Nvidia, reflecting a more interventionist industrial policy that has also included a prior “golden share” in US Steel.