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The Trump administration is reportedly engaged in negotiations to acquire a 10% stake in Intel. A Bloomberg report on Monday revealed that White House officials and insiders have indicated that the federal government is contemplating a potential investment in the technology giant. This could involve converting some or all of the funding Intel receives from the U.S. Chips and Science Act into equity. Should this deal materialize, the U.S. federal government would become Intel's largest shareholder.
Intel has already been granted $10.9 billion under the Chips Act. Based on the current market value, a 10% stake would be approximately $10.5 billion, closely aligning with the grant amount. Nevertheless, there remain uncertainties regarding the exact shareholding percentage and the progression of the plan.
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