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   White House confirms plans to take a stake in Intel - and it might be eyeing   
   up other chipmakers too   
      
   Date:   
   Wed, 20 Aug 2025 12:02:00 +0000   
      
   Description:   
   Intel may be about to hand over 10% of the company to the US Government.   
      
   FULL STORY   
      
   The White House has confirmed it is negotiating a deal that could hand over a   
   10% stake in Intel to the US government.    
      
   The chipmaker has faced serious uncertainty in recent months , with multiple   
   quarters of revenue decline, but the agreement could involve trading Intel   
   shares for existing government grants.    
      
   "The president wants to put America's needs first, both from a national   
   security and economic perspective," White House press secretary Karoline   
   Leavitt told reporters . "We should get an equity stake for our money. We'll   
   get equity in return for that... instead of just giving grants away."   
      
   Trade wars   
      
   It's a surprise twist to see President Trump turning away from the   
   lassiaze-faire liberal economic policies that have dominated the American   
   economy for decades - all in order to prop up Intel.    
      
   Trump previously called for Intel CEO Lip-Bu Tan to resign - calling him   
   highly conflicted, most likely due to his stint as CEO of Cadance design   
   systems, an organisation that recently plead guilty to illegally selling   
   export-controlled tech to organisations with connections to the Chinese   
   military.    
      
   Intel  is perhaps the main US hope at rivaling Chinese and Taiwanese   
   chipmaking giants - who are almost undoubtedly ahead in the semiconductor   
   market battle.    
      
   However Intels recent layoffs have seen between 15-20% of US factory workers   
   made redundant, indicating that domestic capabilities are not growing as the   
   administration may have hoped.    
      
   The potential deal could give Intel the stability it needs to fully invest in   
   domestic manufacturing, and could see the company build a flagship   
   manufacturing hub in Ohio - although the White House dismissed the discussion   
   of potential deals as speculation.    
      
   Fellow chipmaking giants Nvidia and AMD, agreed recently that 15% of chip   
   sales will now go to the US government in exchange for export licences to   
   China - despite growing national security concerns.    
      
   Via BBC   
      
   ======================================================================   
   Link to news story:   
   https://www.techradar.com/pro/white-house-confirms-plans-to-take-a-stake-in-in   
   tel-and-it-might-be-eyeing-up-other-chipmakers-too   
      
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