Trump Administration Eyeing Chips Act Funds for Intel Stake
"The Trump administration is considering using funds from the US Chips Act to take a stake in the beleaguered American chipmaker Intel Corp., according to people familiar with the discussions.
The government’s talks focus on using Chips Act funding to at least partially finance an equity stake in Intel, the people said, while emphasizing that discussions are in early stages and other options could be under consideration. It’s unclear if the approach would involve converting some or all of Intel’s existing Chips Act grants into equity, allocating new funding from a broader pool or combining chips act money with other financing streams.
Intel was already poised to be the biggest beneficiary of money from the Chips Act, having been earmarked for billions of dollars in grants. Under the program, the company was awarded $7.9 billion in grants for commercial semiconductor manufacturing and as much as an additional $3 billion for the Pentagon’s Secure Enclave program. It also has the option to draw on an additional $11 billion in loans under the 2022 law.
The source of funding, which has not been previously reported, remain in discussion and talks are fluid, the people said, speaking on condition of anonymity to describe private negotiations."
https://www.bloomberg.com/news/articles/2025-08-15/trump-administration-eyeing-chips-act-funds-for-intel-stake
= new reply since forum marked as read
Kick in to the DU tip jar?
This week we're running a special pop-up mini fund drive. From Monday through Friday we're going ad-free for all registered members, and we're asking you to kick in to the DU tip jar to support the site and keep us financially healthy.
As a bonus, making a contribution will allow you to leave kudos for another DU member, and at the end of the week we'll recognize the DUers who you think make this community great.