U.S. President Trump declares ownership and control over a tenth of Intel, a prominent chipmaker.

In a significant move aimed at bolstering domestic semiconductor production, the U.S. government has acquired nearly 10% ownership in Intel, the world-renowned chipmaker, through an $8.9 billion investment under the Chips Act of 2022.

The Chip Act, a bipartisan initiative during President Joe Biden's term, was enacted with the primary objective of making the U.S. more competitive in the production of semiconductors, which are essential for a wide range of electronic devices, from mobile phones to artificial intelligence systems.

The aid provided to Intel is part of the Chip Act, and it is intended to help the company catch up in the race for semiconductor production, as rivals such as Taiwan's TSMC, Samsung, and Nvidia have overtaken Intel in the production of smaller electronic components for mobile phones and AI.

The investment in Intel is not a new development, as it was announced by former President Donald Trump on Friday. Trump stated that the United States now owns and controls 10% of Intel, representing one of the largest government interventions since the 2008 automotive industry bailout.

The deal was negotiated by Trump with Intel's CEO, Lip-Bu Tan, and it includes a five-year warrant to buy an additional 5% of Intel's shares at a discounted price if Intel sells its foundry business. This provision is intended to help Intel meet funding criteria for expanding chip manufacturing facilities in the USA.

As a result of this investment, the valuation of Intel's shares has risen significantly. Currently, the shares are valued at approximately $11 billion, or around €9.383 billion at current exchange rates.

The aid provided to Intel is not a handout, but rather an investment aimed at helping the U.S. catch up in the production of semiconductors for both commercial and military purposes. This investment is expected to boost the U.S. economy and ensure the country's technological independence in the semiconductor industry.

In conclusion, the U.S. government's investment in Intel under the Chip Act is a strategic move to strengthen domestic semiconductor production and regain competitiveness in the global market. The investment is expected to have far-reaching implications for the U.S. economy and the semiconductor industry as a whole.