US Government Takes Nearly 10% Stake in Intel

• The US government has taken a nearly 10% stake in Intel, a move resembling European state capitalism.

• The deal is a political theatre and financial engineering, funded through funds allocated to the chipmaker through the 2022 CHIPS and Science Act.

• The deal was a rushed rapprochement between President Trump and Intel’s CEO, Lip-Bu Tan.

• The White House has struck other unusual deals, including allowing Nvidia and AMD to sell certain AI processors to China on condition of Washington receiving a portion of the revenue.

• The government’s investment is structured as a passive, non-voting ownership stake, with Washington having no seat on the board or formal governance rights.

• The move alters the relationship between the state and private enterprise, potentially introducing new forms of political and market risk.

• The US taxpayer now has $10 billion riding on the answer.

US government Intel stake is important topic for Civil service exam (WBCS).

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