Intel Corporation agreed to sell a 9.9% stake in the company to the US government after President Donald Trump pressured CEO Lip-Bu Tan to accept the deal. The move has raised concerns among investors, who fear it sets a bad precedent for the president’s ability to dictate corporate decisions.
Tan’s acceptance of the deal was reportedly influenced by Trump’s claims that his pressure campaign had led Intel to offer $10 billion in funding to the US. Critics argue that this arrangement blurs the lines between government and private sector interests.
Some early supporters of the deal, including tech giants like Microsoft, have praised it as a way for the US to profit from billions of dollars in CHIPS grants awarded by the Biden administration. However, others, such as investor James McRitchie, have expressed concerns about the implications of this new arrangement.
Source: https://arstechnica.com/tech-policy/2025/08/intel-details-everything-that-could-go-wrong-with-us-taking-a-10-stake