PALO ALTO, California — The U.S. government will take a roughly 10% stake in Intel in exchange for outstanding federal grants, the chipmaker said Friday, after U.S. President Donald Trump touted the deal.
Trump administration will not inject new capital into chipmaker
Intel says it has reached an agreement with the Trump administration to support U.S. chipmaking. © Reuters
YIFAN YU
August 23, 2025 05:58 JST
Updated on August 23, 2025 07:53 JST