Particle.news
Download on the App Store
41 ARTICLES
·
25m ago

U.S. Weighs 10% Nonvoting Stake in Intel by Converting CHIPS Grants

The administration says the equity-for-grants approach would secure a return for taxpayers without giving the government voting control.

Intel processor is seen in this illustration taken August 19, 2025.
blank
blank
Image

Overview

  • White House officials confirmed negotiations to swap roughly $10.9 billion in CHIPS Act awards for up to a 10% government stake in Intel.
  • Commerce Secretary Howard Lutnick said similar nonvoting stakes are being considered for other beneficiaries, including Micron, TSMC and Samsung.
  • Senator Bernie Sanders endorsed the plan, arguing taxpayers should share in profits generated by federally supported chip projects.
  • Reports of potential government ownership pressured semiconductor shares on Wednesday, with Intel and several major chip stocks declining.
  • Intel’s financing moves included a $2 billion share purchase by SoftBank this week, while many CHIPS Act funds for multiple firms have yet to be disbursed.