Intel Corporation

Taiwan Semiconductor Manufacturing Company Limited

On Friday, August 22, Intel officially <a href="https://newsroom.intel.com/corporate/intel-and-trump-administration-reach-historic-agreement">confirmed</a> that the U.S. government received 9.9% of the company and became its largest shareholder. Measures of this kind are usually taken in crisis situations, when the collapse threatens entire industries. This was the case, for example, with General Motors and Chrysler in 2009 - then the Obama administration bought their shares to <a href="https://www.latimes.com/business/story/2025-08-21/heres-why-you-dont-want-the-trump-administration-to-buy-stock-in-intel">save</a> 1.9 million jobs. Intel employs 96,000 people and <a href="https://www.reuters.com/business/intel-is-cutting-more-jobs-ceo-tan-tries-fix-manufacturing-missteps-2025-07-24/">will</a> have 75,000 by the end of the year - a significant reduction, but not a national disaster. Yes, the computer giant has been making serious losses lately, but it has already raised $2 billion from Softbank and is now <a href="https://www.cnbc.com/2025/08/20/intel-investors-equity-softbank-trump.html">looking for</a> other big investors. The point seems to be different: Intel is virtually the only U.S. company capable of producing state-of-the-art computer chips, and this production is exactly what the government does not want to lose.<br>

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Intel's share went to the White House: what do U.S. officials fear losing?