US Government Considering Stake in Intel to Support Chipmaker’s Ohio Hub
The Trump administration is exploring a partnership with Intel Corp. that could involve the US government acquiring a stake in the struggling chipmaker, according to sources familiar with the discussions, reports 24brussels.
This potential deal aims to bolster Intel’s ambitious plans for a massive factory hub in Ohio; however, the timeline has faced persistent delays. Details around the size of the proposed government stake remain undisclosed as the negotiations are confidential.
Intel, which has faced significant challenges in recent years, previously committed to establishing what would have been the largest chip manufacturing site in the world, a claim that now hangs by a thread as the company seeks financial stability amid broader industry pressures.
The move reflects a growing trend of government intervention in the technology sector, emphasizing a shift in how state and industry relations are managed in America. As semiconductor shortages continue to disrupt markets, both policymakers and corporate executives are recognizing the need for new strategies to enhance domestic manufacturing capabilities.
With the semiconductor industry being integral to both the economy and national security, the US government’s engagement in the capital of Intel hints at a significant evolution in public-private partnerships. As discussions progress, all eyes will be on the operational and financial implications of such an unprecedented relationship.
