US Government May Take Stake in Intel Using Chips Act Funds
The Trump administration is considering using funds from the $52.7 billion Chips and Science Act to acquire a stake in Intel, aiming to bolster domestic semiconductor production. The move is part of broader efforts to address national security concerns and reduce dependence on foreign chipmakers, especially amid escalating tensions with China. Intel has struggled with delays and competitive pressure in recent years, prompting the government to support its resurgence as a key U.S. technology leader.
This marks an unprecedented step in industrial policy, signaling stronger government intervention to secure chip supply chains.
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