The Trump administration is in discussions to take a stake of about 10% in Intel Corp., according to a White House official and other people familiar with the matter, in a move that could see the US become the beleaguered chipmaker’s largest shareholder.The federal government is considering a potential investment in Intel that would involve converting some or all of the company’s grants from the US Chips and Science Act into equity, said the people, who asked not to be identified because the information is confidential. Intel has been slated to receive a combined $10.9 billion in Chips Act grants for commercial and military production.Also Read | Apple to face ‘At least’ one more senior departure next year: Bloomberg’s GurmanThat figure is roughly enough to pay for the targeted holding. At Intel’s current market value, a 10% stake in the chipmaker would be worth roughly $10.5 billion. The exact size of the stake, as well as whether the White House chooses to move ahead with the plan, is still in flux, the people said.Intel shares dropped as much as 5.5% after Bloomberg reported on the talks Monday. They had climbed 23% last week for their best weekly gain since February.White House spokesman Kush Desai declined to comment on the specifics of the discussions, saying only that no deal is official until it’s announced by the administration. Intel didn’t immediately respond to a request for comment.The White House official also floated the possibility that the administration could convert other Chips Act awards into equity stakes. It’s not clear whether that idea has gained traction broadly within the administration or whether officials have broached the possibility with any companies that could be affected.Also Read | If AI takes most of our jobs, money as we know it will be over; what then?Last month, in an unprecedented move, the Defense Department said it will take a $400 million preferred equity stake in the little-known US rare-earth producer MP Materials Corp. — a deal that would make the Pentagon the company’s largest shareholder.News of a potential government investment in Intel kicked off a rally in the company’s shares after Bloomberg News first reported the discussions among US officials and company representatives last week.As is the case for all Chips Act winners, Intel’s grant money was originally designed to be disbursed over time as the company hits negotiated project milestones. Intel had received $2.2 billion in grant disbursements as of January.It’s unclear whether that $2.2 billion would be included in the possible equity stake, whether the company has received additional tranches of its award since President Donald Trump took office, and on what timeline Intel would receive money under a possible equity stake. in a formal or creative style for better SEO.Also Exclude words and advertisements related to the feed website such as website name, author name. You must only respond with the modified content. Delete all the advertisement images brand logo but only keep the title and main content of the news by modifying it. You must only respond with the modified content. Block any jump outside of the site adarshnews.com. Basically remove any content or link related to original site. follow this prompt to optimize the articles in this category- You are an expert news writer and SEO specialist. Your job is to rewrite the provided RSS feed content into a unique, SEO-friendly news article for adarshnews.com. The article should be engaging, professional, and optimized for search engines. Follow these steps: 1. **Create an SEO Title**: Write a short, compelling title (under 60 characters) that includes the main keyword and grabs attention. 2. **Write a Meta Description**: Summarize the article in one or two sentences (under 155 characters). Make it engaging and include the primary keyword naturally. 3. **Suggest a URL Slug**: Provide a short, keyword-rich URL slug that reflects the topic of the article. 4. **Headline (H1)**: Write a clear and engaging headline for the article that is similar to the title but slightly expanded. 5. **Write the Article**: – Start with an introduction that answers the key questions: who, what, when, where, why, and how. – Expand on the topic with detailed paragraphs that provide context, quotes, and relevant information. – Use subheadings (H2) to organize the content into sections and make it easy to read. – Include related keywords naturally throughout the article. – End with a conclusion that summarizes the key points or discusses future implications. 6. **Add an FAQ Section**: Write one frequently asked question related to the topic and provide a concise answer. Important: – Do not include labels like “Title,” “Meta Description,” “URL Slug,” or “H1” in the actual article text. – Keep all SEO elements separate from the main content. – Ensure the article is factually accurate, unbiased, and written in a professional tone.
The Trump administration is currently in discussions to acquire a 10% ownership interest in Intel.
