US Government to Take 10% Stake in Intel, Marking Historic Shift
The U.S. government plans to acquire a 10% equity stake in Intel, a move that would see Washington become a significant shareholder in a major American technology company for the first time in modern history. Intel agreed to the deal following discussions with federal officials as part of broader efforts to bolster domestic semiconductor production. The transaction aligns with strategic goals under the CHIPS Act to reduce reliance on foreign chip manufacturing and ensure national security.
This unprecedented move signals deeper government involvement in key tech industries, potentially reshaping public-private relationships in the semiconductor sector.
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