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Commerce · CHIPS Act
Intel Corporation
INTCannounced 2025-08-22
Today's value
$59.19B(+379.7%)
from $8.90B announced on 2025-08-22
Stake size
9.90%
Agency
Commerce
Program
CHIPS Act
Today's value is computed as live market cap × stake %, refreshed hourly. A 100% stake-percentage move tracks the underlying share price exactly; the cash basis of the deal is unchanged.
Commerce takes 9.9% Intel stake by converting $8.9B CHIPS + Secure Enclave grants
The Commerce Department converted unpaid CHIPS Act grants ($5.7B) and Secure Enclave program awards ($3.2B) into 433.3M Intel common shares at $20.47, giving the federal government a passive 9.9% equity stake plus a 5-year warrant for an additional 5% if Intel sells its foundry business. The stake is non-voting with no governance rights.
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