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  • October 7, 2026
  • Last Update July 17, 2026 9:28 pm
  • United States of America

It’s official: Trump administration takes 10% Intel stake in $8.9B deal

It’s official: Trump administration takes 10% Intel stake in $8.9B deal

Intel Corporation announced an agreement with the Trump Administration under which the US government will take a 9.9% stake in the company through a US$8.9 billion equity investment, marking a shift from grant-based support to direct ownership. The investment will be funded by US$5.7 billion in unspent CHIPS and Science Act grants previously awarded to Intel and US$3.2 billion from the Secure Enclave program.

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