Trump government invests $8.9 billion stake in Intel to bolster US chip production
The United States government has announced an $8.9 billion investment in Intel Corporation, underscoring Washington’s determination to strengthen domestic semiconductor production. The deal, unveiled by Intel and the Donald Trump administration, involves the government purchasing a 9.9 per cent stake in the company through 433.3 million shares at $20.47 each.
The investment builds on Intel’s $100 billion expansion of its US manufacturing base and reflects Washington’s strategy to secure supply chains in a sector deemed critical to both economic competitiveness and national security.
