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[QUOTE="Munyaradzi Mafaro, post: 56990, member: 636"]
Treasury Secretary Scott Bessent revealed government plans to acquire Intel shares through existing CHIPS Act funding during a CNBC interview. The administration will convert previously awarded grants into equity stakes rather than provide entirely new capital. Intel received $7.9 billion in grants plus access to $11 billion in loans through the semiconductor reshoring initiative. The Pentagon allocated another $3 billion through its Secure Enclave program.

Trump officials target a ten percent ownership position worth approximately $10 billion based on current market values. The government might contribute an additional $2.1 billion beyond converted grant money to reach this investment level. Bessent emphasized that no companies would face pressure to purchase Intel products under the arrangement.

SoftBank announced a separate $2 billion stock purchase at $23 per share. This transaction would grant the Japanese firm nearly 87 million shares and top-ten shareholder status. Venture capital firms describe Intel as presenting exceptional investment opportunities amid these developments.
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