US Secures 10% Stake In Intel Under Trump Deal
Intel will give the US government a 9.9% stake worth $8.9 billion, President Trump and the company announced. The deal includes $5.7 billion in pending CHIPS Act grants and $3.2 billion from the Secure Enclave program. Trump hailed the agreement as America "owning 10% of Intel," while officials called it a semiconductor leadership boost.