Trump Says Intel Will Give 10% Stake To U.S., Becoming Third-Largest Shareholder

[berg80]

The government’s stake in Intel is part of a broader strategy to create a sovereign wealth fund that could include more companies, White House economic advisor Kevin Hassett said Monday.

In a deal that marked a further incursion of federal involvement with private companies, the White House on Friday announced that it was taking a 10% share of the chipmaking giant. The move is worth some $8.9 billion, some of which will come from grant funding associated with the CHIPS Act while the rest will be under separate government allocations for programs associated with making secure chips.

While stressing that the government won’t involve itself in company operations, Hassett said the move is part of a broader strategy.

https://www.cnbc.com/2025/08/25/white-houses-hassett-says-government-likely-to-continue-taking-stakes-in-companies-similar-to-intel-deal.html

A broader strategy to what end? Why is the formerly "free market" party putting its thumb on the scale of private enterprise?

Fascism should more properly be called corporatism because it is the merger of state and corporate power.” — Benito Mussolini.

 

[kyzr]

The government’s stake in Intel is part of a broader strategy to create a sovereign wealth fund that could include more companies, White House economic advisor Kevin Hassett said Monday.
In a deal that marked a further incursion of federal involvement with private companies, the White House on Friday announced that it was taking a 10% share of the chipmaking giant. The move is worth some $8.9 billion, some of which will come from grant funding associated with the CHIPS Act while the rest will be under separate government allocations for programs associated with making secure chips.
While stressing that the government won’t involve itself in company operations, Hassett said the move is part of a broader strategy.
A broader strategy to what end? Why is the formerly "free market" party putting its thumb on the scale of private enterprise?
Fascism should more properly be called corporatism because it is the merger of state and corporate power.” — Benito Mussolini.

I prefer that if the government is going to give corporate welfare, i.e. subsidies, that the taxpayers at least get some value for their tax dollars. A sovereign wealth fund with stocks from subsidies, and crypto-currencies confiscated from criminals could lead to a "rainy day fund" in case of emergencies without adding to the debt.

Which U.S. Companies Receive the Most Government Subsidies?

Government subsidies are nearing tens of billions for some companies. Here’s the ones which got the most taxpayer support.

www.visualcapitalist.com

 

[JWBooth]

 

[berg80]

Trump Pentagon is ‘thinking’ about taking equity stakes in defense contractors, says Lutnick​

https://www.cnbc.com/2025/08/26/trump-pentagon-equity-stakes-in-defense-contractors.html

Imagine a scenario in which defense contractors bid on government contracts. Who do you think is going to win the bid? A company the Pentagon has a stake in or another company?

 

[22lcidw]

Trump Pentagon is ‘thinking’ about taking equity stakes in defense contractors, says Lutnick​

https://www.cnbc.com/2025/08/26/trump-pentagon-equity-stakes-in-defense-contractors.html

Imagine a scenario in which defense contractors bid on government contracts. Who do you think is going to win the bid? A company the Pentagon has a stake in or another company?

What we see today, germinated from Democratic control that increased over the last 80 years or so. You guys phuked everything up shutting the country down when strong armed unions took too much after WW 2 and helped to destroy our industrial base. You had the congress.

 

[kyzr]

meme

A 10% stake in Intel is not owning Intel, duh.
The OP says it would be the 3rd largest shareholder.

 

[Moonglow]

This is dipping your foot into the sea of socialism. This administration brags about corporate welfare, cronyism, and corruption. They are the enemies of liberty and prosperity.

President Donald Trump on Friday said Intel agreed to give the U.S. a 10% stake in the company, making the U.S. the beleaguered chipmaker’s third-largest shareholder in one of the largest government interventions in an American company in more than a decade.

U.S. Takes 10% Stake In Intel, Trump Says

The beleaguered chipmaker has been “left behind” its competitors, Trump said.

www.forbes.com

Huzzah fer Hitler and his fascism, huzzah indeed.

 

[Dont Taz Me Bro]

A 10% stake in Intel is not owning Intel, duh.
The OP says it would be the 3rd largest shareholder.

 

[dblack]

I'd need to vet him properly, and I'd want to see some kind of platform, but for now - I'll vote for Massie if he runs.

 

[kyzr]

meme

Giving subsidies as gifts makes no sense for taxpayers.
Buying stock makes more sense for taxpayers.
Do you get the difference between a gift and an investment?
Especially when we would need to borrow the money and pay interest on it, and already owe $37T.

 

[Clipper]

The government should not be investing in private businesses. But since our tax money may go for this, I assume we all are going to get dividend checks from the profits.

Any dividends will go in Trump's pocket.

 

[dudmuck]

A 10% stake in Intel is not owning Intel, duh.
The OP says it would be the 3rd largest shareholder.

i thought Reagan said government is the problem.

 

[kyzr]

i thought Reagan said government is the problem.

Government can't run businesses, ask Amtrak or the Post Office.
But throwing money around (subsidies) is what it does best.
As a taxpayer I prefer buying stock to just giving tax dollars away.

 

[dblack]

As a taxpayer I prefer buying stock to just giving tax dollars away.

That's what it's coming down to. Fascism vs socialism. Such choices!

 

[RhodyPatriot]

This is dipping your foot into the sea of socialism. This administration brags about corporate welfare, cronyism, and corruption. They are the enemies of liberty and prosperity.

President Donald Trump on Friday said Intel agreed to give the U.S. a 10% stake in the company, making the U.S. the beleaguered chipmaker’s third-largest shareholder in one of the largest government interventions in an American company in more than a decade.

U.S. Takes 10% Stake In Intel, Trump Says

The beleaguered chipmaker has been “left behind” its competitors, Trump said.

www.forbes.com

An absolute must read, for the truly open minded and intelligent among us.

Stop Pearl-Clutching Over The Intel Deal

It's not socialism.

blog.portfolioarmor.com

 

[berg80]

Nvidia to Buy $5 Billion Stake in Intel, Giving Rival a Lifeline​

Nvidia, the world’s dominant maker of artificial intelligence chips, said on Thursday that it would invest $5 billion in its struggling rival, Intel, a deal that illustrates how booming demand for A.I. is reshaping the global technology industry.

The deal is a lifeline for Intel. Once an industry leader, the company has struggled to keep up with technology shifts to mobile devices and A.I. Last month, the Trump administration agreed to buy a roughly 10 percent stake in Intel to bolster its shaky financial position.

https://www.nytimes.com/2025/09/18/business/nvidia-intel-stake.html

Nvidia, by contrast, is one of the world’s biggest and most geopolitically significant companies, producing the key chips needed for developing A.I. Jensen Huang, the company’s chief executive, has become an industry superstar and joined President Trump in Britain this week for a state dinner at Windsor Castle.

Coincidence, or a bribe for favorable treatment?

 

[SaxonJackson]

This is dipping your foot into the sea of socialism. This administration brags about corporate welfare, cronyism, and corruption. They are the enemies of liberty and prosperity.

President Donald Trump on Friday said Intel agreed to give the U.S. a 10% stake in the company, making the U.S. the beleaguered chipmaker’s third-largest shareholder in one of the largest government interventions in an American company in more than a decade.

U.S. Takes 10% Stake In Intel, Trump Says

The beleaguered chipmaker has been “left behind” its competitors, Trump said.

www.forbes.com

Straight out of the Marxist playbook. Trump continues to amaze as he shows his true, Big Government underbelly. I admit it ... I was completely duped by the conman and I am literally ashamed of myself. I can usually see through a politician's lies but I guess I was wearing "rose colored glasses" and simply let my hope of a better America blind me to the fact that the Swamp will NEVER release its grip.

When a government controls the means of production (even partially) it has become a Socialistic entity. Now that the US Government owns a portion of Intel can Intel's competitors have a chance to thrive or is it in the Federal Government's best interest to favor Intel over other, similar companies?

Trump is a literal conman. We were ALL duped whether we want to admit it or not. Biden was dangerous because he was stupid. Trump is dangerous because he's dangerous.

 

[RoshawnMarkwees]

Straight out of the Marxist playbook. Trump continues to amaze as he shows his true, Big Government underbelly. I admit it ... I was completely duped by the conman and I am literally ashamed of myself. I can usually see through a politician's lies but I guess I was wearing "rose colored glasses" and simply let my hope of a better America blind me to the fact that the Swamp will NEVER release its grip.

When a government controls the means of production (even partially) it has become a Socialistic entity. Now that the US Government owns a portion of Intel can Intel's competitors have a chance to thrive or is it in the Federal Government's best interest to favor Intel over other, similar companies?

Trump is a literal conman. We were ALL duped whether we want to admit it or not. Biden was dangerous because he was stupid. Trump is dangerous because he's dangerous.

Sounds like the deal was at least partially initiated by Intel. Where was the gov pressure?

 

[dblack]

Trump is a literal conman. We were ALL duped whether we want to admit it or not.

Sorry. I've always seen Trump as pure "salesman".

 

[dblack]

Sounds like the deal was at least partially initiated by Intel. Where was the gov pressure?

Does their need to be? Seems wrong in either case.