The U.S. government is planning to buy a 10% stake in Intel to boost domestic chip production and strengthen national security.
According to The Wall Street Journal, the move is part of a wider effort to reduce U.S. dependence on foreign semiconductor manufacturing, especially in Taiwan and China. Officials believe owning a stake in Intel will help ensure the company’s stability and increase production of advanced chips within the country.
The potential deal follows the CHIPS and Science Act, which already provides billions of dollars in subsidies for chipmakers building factories in the U.S. A government stake would take support a step further, making Intel a central player in America’s semiconductor strategy.
Talks are still ongoing, and it’s unclear how Intel’s shareholders will respond. However, if approved, this would mark one of the most significant government investments in a U.S. tech company in recent years.
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