U.S. takes 10% stake in Intel in landmark deal

With this deal, the U.S. government has become Intel’s largest shareholder

In sum – what to know:

Historic investment in Intel – The U.S. government is acquiring a 10% stake in Intel via an $8.9 billion deal, plus prior CHIPS grants, bringing the total federal support to $11.1 billion.

Largest shareholder – Washington becomes Intel’s biggest shareholder, while also securing a five-year warrant to buy an additional 5% if the company’s foundry ownership drops below 51%.

Policy shift – The move underscores a dramatic shift in U.S. industrial policy — deep federal involvement in a private tech giant to bolster domestic chipmaking and reduce reliance on foreign supply chains.

In a landmark move, the U.S. government is acquiring a 10% stake in Intel through an $8.9 billion investment