Congratulations America, your government now owns 10 percent of troubled domestic chipmaker Intel.

Intel and the government announced the deal late on Friday. Under it, Intel will get $5.7 billion in grants that officials had allocated but not yet paid under former President Biden's CHIPS and Science Act. The government gave Chipzilla an additional $3.2 billion under the Secure Enclave program, which is supposed to be used to develop high-security chips for US government and military use. Intel has already received $2.2 billion in CHIPS grants so far, giving it quite the war chest.

"It is my Great Honor to report that the United States of America now fully owns and controls 10% of Intel, a Great American Company that has an even more incredible future," President Trump announced on his s

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