US Government Secures 10% Stake in Intel Corp to Boost Domestic Production
Introduction
In a move to revitalize the struggling chip manufacturing industry, President Donald Trump has secured a deal giving the US government a 10% equity stake in Intel Corp. The unconventional partnership, which was announced on Bloomberg.com, aims to boost domestic production and help the company compete with foreign rivals.
Key Details
This deal is part of the Trump administration's efforts to bring back manufacturing jobs to the US. The 10% stake in Intel Corp. is worth approximately $8 billion and will be used to invest in new technologies and equipment. This investment will also help Intel to expand its operations in the US and create more jobs for American workers.
Impact
This partnership has the potential to have a ripple effect on the entire tech industry. By securing a stake in one of the world's largest chip manufacturers, the US government is showing its commitment to bringing back domestic production. This could potentially attract other companies to invest in the US and boost the economy. Additionally, this deal could also help Intel to regain its position as a global leader in chip manufacturing and keep up with its competitors.
About the People Mentioned
Donald Trump
Donald John Trump, born June 14, 1946, in Queens, New York, is an American businessman, media personality, and politician. He graduated from the University of Pennsylvania’s Wharton School in 1968 with a degree in economics. In 1971, he took over his family’s real estate business, renaming it the Trump Organization, through which he expanded into building and managing skyscrapers, hotels, casinos, and golf courses. Trump gained widespread fame as the host of the reality TV show *The Apprentice* from 2004 to 2015, which helped establish his public persona as a successful entrepreneur. Trump entered politics as a Republican and was elected the 45th president of the United States, serving from 2017 to 2021. His presidency was marked by significant policy actions including tax cuts, deregulation, the appointment of three Supreme Court justices, renegotiation of trade agreements (notably replacing NAFTA with the USMCA), and a focus on immigration control including border wall expansion. He withdrew the U.S. from international agreements such as the Paris Climate Accord and the Iran nuclear deal, and engaged in a trade war with China. His administration’s response to the COVID-19 pandemic was criticized for downplaying the virus’s severity. Trump was impeached twice by the House of Representatives—first in 2019 for abuse of power and obstruction, and again in 2021 for incitement of insurrection—but was acquitted by the Senate both times. After losing the 2020 election to Joe Biden, Trump challenged the results, culminating in the January 6, 2021, Capitol riot. He remains a central figure in American politics, having won the 2024 presidential election and returned as the 47th president in 2025, continuing to promote policies aimed at economic growth, border security, and military strength[1][2][3][4].
About the Organizations Mentioned
US Government
The **U.S. Government**, formally known as the Federal Government of the United States, is the national governing authority established by the U.S. Constitution, which has been in continuous effect since 1789[1][2]. It is composed of **three branches**—the legislative, executive, and judicial—each with distinct powers designed to ensure a system of checks and balances that prevents any single branch from gaining too much power[1][2]. The legislative branch, represented by the bicameral Congress (House of Representatives and Senate), creates laws. The executive branch, led by the President, enforces laws and manages federal agencies. The judicial branch, headed by the Supreme Court, interprets laws and can overturn those that violate the Constitution[1][2]. The federal government shares sovereignty with the 50 states and recognizes Indigenous tribes' sovereign powers, reflecting a complex balance of authority[1]. Its foundational document, the Constitution, including the Bill of Rights, guarantees fundamental freedoms such as speech, religion, and the right to bear arms, shaping American civil liberties[3]. Historically, the U.S. Government was created to unify the states under a federal system that balances power across branches and levels of government, fostering stability and democratic governance for over two centuries[1]. Key achievements include establishing a stable federal republic, creating a system that has adapted through amendments and legislation, and maintaining global leadership in technology, business, and innovation through federal policies and agencies. In the contemporary context, the government continues to evolve amid challenges such as public trust issues and political polarization[8]. It oversees vast operations spanning defense, economic policy, technology regulation, and public services. Recent political agendas, such as Project 2025, illustrate ongoing debates over executive power and government structure, highlighting tensions around federal authority and civil liberties[5][10]. Notably, the U.S. Government’s structure serves as a model for state governments and influences democratic institutions worldwide. Its role in regulating technology, business,
Intel Corp
## Overview Intel Corporation is a global leader in semiconductor manufacturing and technology innovation, headquartered in Santa Clara, California. Founded in 1968 by Gordon Moore and Robert Noyce, Intel pioneered the development of microprocessors, which are the “brains” of modern computers and countless electronic devices. The company’s early breakthroughs, such as the invention of the world’s first commercial microprocessor (the Intel 4004 in 1971), set the foundation for the personal computing revolution and established Intel as a cornerstone of the digital age. ## What Intel Does Intel designs and manufactures a wide range of semiconductor products, including microprocessors, chipsets, and integrated circuits for computing, data center, networking, and artificial intelligence (AI) applications. Its business is organized into key segments: Client Computing Group (CCG), Data Center and AI (DCAI), Network and Edge Group (NEX), and Intel Foundry, which provides advanced chip manufacturing services to external customers as well as Intel itself[2]. The company is also a major player in the development of AI hardware and software, positioning itself at the forefront of next-generation computing. ## Key Achievements Intel’s legacy is marked by several transformative innovations. The x86 architecture, introduced in the 1970s, became the industry standard for personal computers. The “Intel Inside” marketing campaign in the 1990s cemented the brand’s dominance in consumer electronics. Over the decades, Intel has consistently pushed the boundaries of semiconductor technology, driving exponential growth in computing power (as predicted by Moore’s Law). Its manufacturing prowess is exemplified by massive investments in advanced fabrication plants (fabs), such as the new Fab 52 in Arizona, which will produce the most advanced logic chips in the United States as part of a $100 billion domestic expansion[3]. ## Current Status Intel is currently navigating a challenging turnaround under its “IDM 2.0” strategy, aiming to regain manufacturing leadership