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US government’s Intel stake jumps 300% to $36B after CHIPS Act grants were converted to equity under Trump

In short: The US government’s 9.9% stake in Intel, acquired for $8.9 billion last August by converting CHIPS Act grants and Secure Enclave funds into equity at $20.47/share, is now worth approximately $36 billion after Intel’s stock surged 20%+ on a massive Q1 earnings beat. The $26.5 billion unrealised gain is one of the most […]<br /> This story continues at The Next Web [...]

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The US government is taking an $8.9 billion stake in Intel

President Donald Trump says the US government is taking a 10 percent stake in chip maker Intel. Trump shared the news during a press conference on Friday, though an official announcement is still fort [...]

Match Score: 190.13

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The US government is taking a 10 percent stake in Intel

President Donald Trump says the US government is taking a 10 percent stake in chip maker Intel. Trump shared the news during a press conference on Friday, though an official announcement is still fort [...]

Match Score: 150.15

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The US government drops its CHIPS Act requirements for Intel

Intel no longer has to fulfill certain requirements or meet milestones that it was originally supposed to under the CHIPS Act, now that the government is taking a stake in the company. According to th [...]

Match Score: 147.23

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Trump administration official says some CHIPS Act companies won't need to give up equity

Last week, the Trump administration said it might take a stake in Intel in exchange for the $10.86 billion in federal grants the company is receiving from the Chips and Science (CHIPS) Act. However, n [...]

Match Score: 123.14

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Big Tech bent the knee for Trump in 2025

Sure, we've seen millions poured into lobbying and other means of influence during every presidency, but the last two years set a whole new bar. Business leaders, including those from almost ever [...]

Match Score: 93.38

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Trump administration reportedly eyes renegotiating CHIPS Act awards

The recipients of the US government's CHIPS and Science Act awards may not get the amount that they were initially promised. According to Reuters, the Trump administration is looking to assess an [...]

Match Score: 90.91

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The best laptop you can buy in 2025

Laptops are evolving fast, with some new models harnessing AI-powered features that adapt to your usage and improve performance in real time. These AI PCs can optimize battery life, manage power acros [...]

Match Score: 88.75

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The Morning After: The most intriguing AI features inside the Pixel 10

After all the new Pixel 10 phones — expect to hear our review verdicts soon — we had time to take a closer look at the AI-centric software features Google often excels at. These include advances i [...]

Match Score: 86.52

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Intel once again delays its long-awaited Ohio chip fabrication facilities

Intel announced that it's further delaying plans to open two chip fabrication facilities in Ohio, pushing their completion out to 2030. The company originally announced its plans for Ohio in 2022 [...]

Match Score: 80.92