Business
Intel and Trump Administration Reach Historic Agreement to Accelerate American Technology and Manufacturing Leadership
SANTA CLARA, Calif., August 22, 2025--Intel and Trump Administration Reach Historic Agreement to Accelerate American Technology and Manufacturing Leadership
About this update from Hp Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":320,"url":"https://media.zenfs.com/en/business-wire.com/da9b1481ebc9671160e8febddaebed2e"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/ugcce42BUdn6QICPAC0IHQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTY0MDtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/da9b1481ebc9671160e8febddaebed2e","width":480,"height":320}},"lazy":false},{"type":"text","content":"U.S. Government to make $8.9 billion investment in Intel common stock as company builds upon its more than $100 billion expansion of resilient semiconductor supply chain","length":169,"tagName":"p","attribs":{}},{"type":"text","content":"SANTA CLARA, Calif., August 22, 2025--(BUSINESS WIRE)--Intel Corporation today announced an agreement with the Trump Administration to support the continued expansion of American technology and manufacturing leadership. Under terms of the agreement, the United States government will make an $8.9 billion investment in Intel common stock, reflecting the confidence the Administration has in Intel to advance key national priorities and the critically important role the company plays in expanding the domestic semiconductor industry.","length":533,"tagName":"p"},{"type":"text","content":"The government’s equity stake will be funded by the remaining $5.7 billion in grants previously awarded, but not yet paid, to Intel under the U.S. CHIPS and Science Act and $3.2 billion awarded to the company as part of the Secure Enclave program. Intel will continue to deliver on its Secure Enclave obligations and reaffirmed its commitment to delivering trusted and secure semiconductors to the U.S. Department of Defense. The $8.9 billion investment is in addition to the $2.2 billion in CHIPS grants Intel has received to date, making for a total investment of $11.1 billion.","length":580,"tagName":"p"},{"type":"text","content":""As the only semiconductor company that does leading-edge logic R&D and manufacturing in the U.S., Intel is deeply committed to ensuring the world’s most advanced technologies are American made," said Lip-Bu Tan, CEO of Intel. "President Trump’s focus on U.S. chip manufacturing is driving historic investments in a vital industry that is integral to the country’s economic and nati...