August 22, 2025 · Economy, Trade & Fiscal Policy
Confirmed
U.S. Government Takes a 9.9% Stake in Intel for $8.9 Billion
On August 22, 2025, the Trump administration announced that the United States would acquire 433.3 million Intel shares at $20.47 apiece, a $8.9 billion purchase amounting to a 9.9% stake in the company. The money came...