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U.S. Government Buys 10% Stake In Intel
August 22, 2025
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President Donald Trump announced on Friday, that the U.S. government has secured a 10% stake in Intel Corporation, a move he hailed as a significant victory for American industry and national security.

The deal, which involved converting $8.9 billion in previously awarded but unpaid grants from the CHIPS and Science Act and the Secure Enclave program into equity, gives the government 433.3 million shares of non-voting common stock at $20.47 per share, representing a 9.9% stake.

Trump declared on Truth Social, "The United States of America now fully owns and controls 10% of INTEL, a Great American Company that has an even more incredible future," and claimed the U.S. the shares are now valued at approximately $11 billion.

"The United States of America now fully owns and controls 10% of INTEL, a Great American Company that has an even more incredible future,” Trump wrote in a post. “I negotiated this Deal with Lip-Bu Tan, the Highly Respected Chief Executive Officer of the Company. The United States paid nothing for these Shares, and the Shares are now valued at approximately $11 Billion Dollars. This is a great Deal for America and, also, a great Deal for INTEL.”

The announcement marks a dramatic shift in the relationship between the U.S. government and a major private corporation. The deal was finalized after a series of events.

Trump had previously demanded the resignation of Intel CEO Lip-Bu Tan in early August 2025, citing alleged connections to China. However, after a meeting at the White House on August 11, Trump reportedly liked Tan and proposed the equity stake deal, which Tan agreed to.

The government's investment is funded by $5.7 billion in unpaid CHIPS Act grants and $3.2 billion from the Secure Enclave program. The government will have no board representation or governance rights, making it a passive investor.

Intel's stock rose 7% on Friday following the announcement. The government's stake was acquired at a discount to the market price, giving the U.S. an immediate paper gain.

The move is part of Trump's broader 'America first' strategy to boost domestic semiconductor. manufacturing and leverage government power to influence corporate decisions in service of national interest, including requiring Nvidia and AMD to pay a 15% commission on their sales in China for export licenses.

Trump said he hopes to replicate this deal with other critical U.S. companies. The government also holds a "golden share" with veto rights in the Nippon Steel-U.S. Steel merger and is set to become the largest shareholder in a rare earth mining company.

However some critics argue that repurposing the CHIPS and Science Act funding for the Intel stake, is an unprecedented government intervention in the private sector.

Intel has faced significant challenges, including falling behind competitors like TSMC and Nvidia in advanced chip technology, leading to a loss of over $22 billion since the end of 2023 and a recent plan to lay off 15% of its workforce.

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Anthony Joshua Injured In Car Crash In Nigeria

British heavyweight boxer Anthony Joshua sustained minor injuries in a fatal car crash in Nigeria on Monday, just days after defeating Jake Paul in a highly publicized Netflix boxing bout.

The crash happened around 11 a.m. local time on the Lagos–Ibadan Expressway, with the Federal Road Safety Corps indicating the Lexus was suspected of traveling beyond the legal speed limit and lost control during an overtaking maneuver.

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Joshua’s promoter, Matchroom Boxing, confirmed the deaths of Ghami and Ayodele, describing them as "close friends and team members" and expressing profound sadness over the incident.

Nigerian President Bola Ahmed Tinubu personally spoke with Joshua to offer condolences and wished him a full recovery, also praying for the deceased.

The boxer, who has Nigerian roots and was visiting family in Sagamu, Ogun State, had recently won a decisive victory over Paul in Miami on December 19, 2025, in a bout watched by approximately 33 million viewers.

The investigation into the cause of the crash is ongoing, with authorities examining the circumstances surrounding the incident.

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The visit marked Netanyahu’s fifth meeting with Trump in 2025, signaling a strategic alignment despite prior disagreements over Gaza and Syria.

Trump is facing online backlash from his MAGA supporters following Netanyahu's fifth visit, and concerns over his hardline stance on Iran and the strike on a facility in Venezuela.

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