Why the US government is not the savior Intel needs
Intel doesn’t need cash. Instead, the struggling semiconductor giant needs to figure out how to drum up interest for its foundry business.
Intel
The Trump administration’s big Intel investment comes from already awarded grants
While Intel says the government is making an “$8.9 billion investment in Intel common stock,” the administration does not appear to be committing new funds.
US government plans to take a 10% stake in Intel
Such federal government ownership of a major corporation would mark a dramatic departure from long-standing U.S. policy.
Trump says the US is taking a 10 percent stake in Intel
President Donald Trump has confirmed that the US will take a 10 percent stake in Intel. During a press conference on Friday, Trump said Intel CEO Lip-Bu Tan agreed to give the government the stake, which is valued at around $10 billion. Earlier this month, Trump called on Tan to resign over his ties to […]
SoftBank makes $2B investment in Intel
Softbank will pay $23 per share for Intel common stock.
US government is reportedly in discussions to take stake in Intel
This deal would be meant to help Intel bulk up its U.S. chip manufacturing, including its much-delayed Ohio factory.
Trump demands CEO of Intel resign over ties to China
President Donald Trump has called for Lip-Bu Tan to immediately resign as Intel’s CEO over his reported ties to Chinese tech firms. The demand follows Arkansas Senator Tom Cotton questioning Intel’s board chairman whether Tan’s alleged connections to China would conflict with security regulations. “The CEO of INTEL is highly CONFLICTED and must resign, immediately,” […]
Trump says Intel CEO Lip-Bu Tan must ‘resign immediately’
Trump’s post comes after Republican Senator Tom Cotton on Wednesday wrote to Intel’s board of directors, asking about Tan’s ties to China, his investments in the country, and raised concerns about his time leading Cadence Design Systems, which had a Chinese military university as a customer.
Trump says he’ll announce semiconductor and chip tariffs
This announcement comes as the Trump administration is also mulling over its approach to AI chip export restrictions.
Intel is spinning off its Network and Edge group
Intel will remain an anchor investor in the stand-alone company, which produced $5.8 billion in revenue in 2024.