白宫国家经济委员会主任哈塞特（Kevin Hassett）在8月25日表示，联邦政府可能会仿效对芯片制造商英特尔的股权投资模式入股更多企业，并将涉足更多 领域，而不仅仅是芯片。 哈塞特同时强调，入股英特尔属于非常特殊的个案，这笔近90亿美元的补贴资金原本是2022年拜登政府《芯片法案》的组成部分，该资金将转为股权形式， 未来政府不会获得投票权也不会介入公司经营。 此类交易可能成为美国主权财富基金计划的重要组成部分。全球最知名的主权财富基金主要来自北欧和中东等坐拥丰富自然资源的较小体量国家，主要用于 管理外汇储备、财政盈余等公共资产。 就在3天前，英特尔公司宣布与联邦政府达成协议，后者将向英特尔普通股投资89亿美元，以每股20.47美元的价格收购4.333亿股英特尔普通股，相当于该公 司9.9%的股份。 协议达成后，联邦政府成为英特尔的最大股东。根据协议，剩余约109亿美元的联邦补贴将转换为股权英特尔已获批109亿美元（约合783亿元人民币）的 《芯片法案》拨款，主要用于商业及军用芯片产能建设。 商务部长卢特尼克当时在社交媒体上写到，英特尔是美国顶尖科技企业之一。这份协议将巩固美国在半导体领域的领先地位和技术优 ...

Summary of Intel's Recent Developments Company Overview - **Company**: Intel Corporation (Ticker: INTC) - **Industry**: Semiconductor and Chip Manufacturing Key Points and Arguments 1. **Leadership Crisis**: Intel's CEO, Lip-Bu Tan, faced pressure to resign due to past ties with the Chinese military, as demanded by former President Donald Trump shortly after Tan took office [2][4][39]. 2. **Emergency Meeting**: In response to Trump's demand, Intel's leadership quickly arranged a meeting with the White House, where Tan sought to reassure Trump of his loyalty to the U.S. and the importance of Intel to the American economy [3][5][44]. 3. **Government Stake**: As a result of the meeting, the U.S. government proposed converting nearly $9 billion in grants into a 10% equity stake in Intel, making the government the largest shareholder [6][49]. 4. **Investment from SoftBank**: Japan's SoftBank Group agreed to invest $2 billion in Intel, aiming to strengthen ties with the Trump administration [8][47]. 5. **Stabilization of Leadership**: By the end of the two-week crisis, Tan's position appeared secure, and Intel's situation seemed more stable [8][12]. Financial and Operational Challenges 1. **Core Business Issues**: Analysts suggest that Intel's financial position remains precarious, with concerns that converting grants to equity could dilute shareholder value without new customer commitments [11][12]. 2. **Historical Context**: Intel has struggled to keep pace with competitors like Nvidia and TSMC, missing out on key market opportunities in mobile and AI technologies [15][21]. 3. **Layoffs and Cost-Cutting**: Intel announced plans to lay off 15% of its workforce and cancel billions in planned investments, indicating severe operational challenges [33][34]. Government and Industry Dynamics 1. **Chips Act Benefits**: Intel became the largest beneficiary of the Chips Act, qualifying for approximately $11 billion in grants and loans for various projects [21]. 2. **Future of Manufacturing**: The U.S. government aims to help Intel start manufacturing advanced chips domestically, but Tan indicated that significant customer commitments are necessary before such investments can be made [56]. 3. **Pressure on Tech Companies**: There is speculation that Trump may encourage other tech companies to collaborate with Intel, as Tan has been meeting with potential customers like Apple [55][56]. Additional Insights 1. **Market Valuation**: Despite a recent rebound in stock price, Intel's market valuation is approximately $110 billion, significantly lower than its peak during the dot-com bubble, with a 50% decline since the start of the previous year [24]. 2. **Uncertain Future**: The agreement with the government raises questions about Intel's governance and future direction, especially regarding its manufacturing segment [50][52]. 3. **Public Perception**: Trump's initial demand for Tan's resignation and subsequent support highlights the unpredictable nature of corporate governance under political influence [7][60]. This summary encapsulates the critical developments surrounding Intel, emphasizing the interplay between corporate leadership, government intervention, and market challenges.

特朗普将政府拨款转换为企业股权这一非常规干预措施引发了企业的恐慌。 英特尔周一表示，美国政府持有其10%的股权可能对公司业务构成风险，不仅可能损害国际销售，还可能限制其获取未来政府拨款的能力。 据华尔街见闻此前文章，特朗普称政府已获得英特尔10%股份。据分析，这项交易将使美国政府以每股20.8美元（较上周五24.8美元的收盘价有4 美元折扣）的价格购买英特尔股票，涉资约89亿美元。这一行动被视为特朗普政府对美国半导体产业战略支持的重大转变，交易预计将于8月26日 完成。 英特尔：政府入股可能损害国际业务前景，拨款转股权可能影响未来政府支持 英特尔在证券文件中警告，美国政府成为重要股东可能使公司受到其他国家（尤其在亚洲）额外法规或限制的约束，如外国补贴法。这对其庞大 的海外业务构成潜在威胁。 "美国政府的重要股东地位可能导致一些国家对我们实施新的监管要求或商业限制，"英特尔在文件中表示。 这一担忧尤为突出，因为英特尔新任CEO陈立武与特朗普会面后达成这项交易。 政府的特殊股东地位可能对公司治理和战略决策产生深远影响，引发投资者对未来公司自主性的担忧。这种担忧在股价表现上已有所反映，投资 者正在权衡政府支持带来的 ...

【#特朗普称英特尔股份我一分没花#】美国总统特朗普在社交媒体上发文称："我获取英特尔股份分文 未花，而它的价值约合 110 亿美元，且所有收益都将归美国所有。为什么那些'愚蠢'的人会对此不满？ 我会一整天都为我们国家促成这类交易。我还会为那些与美国达成此类高利润交易的公司提供支持。我 很乐意看到它们的股价上涨，让美国变得越来越富有，为美国创造更多就业机会！！！谁会不希望达成 这样的交易呢？" ...

在美国政府决定将对英特尔的补助转换为股权后，英特尔在一份证券文件中列出了新的"风险因素"。 英特尔表示，目前尚不确定这一交易是否会导致其他政府机构尝试将现有补助转换为股权投资，或使它 们不愿意支持未来的补助。(作者/箫雨) 凤凰网科技讯 北京时间8月25日，据路透社报道，英特尔公司周一表示，美国政府持有其10%股权可能 会对其业务构成风险，从可能损害其国际销售，到限制其未来获得政府补助。 ...

Market Overview - The Dow Jones fell by 0.19%, the S&P 500 decreased by 0.15%, and the Nasdaq dropped by 0.14% at the market open [1] - The Nasdaq Golden Dragon China Index saw an initial increase of approximately 1.2% [1] Chinese Stocks - Popular Chinese stocks experienced gains, with NIO rising by 5.46%, Alibaba increasing by 1.94%, FANGDD up over 2%, and Beike rising over 3% [1] Cryptocurrency Sector - Bitcoin has declined for the third consecutive day, leading to a downturn in digital currency-related stocks, with Riot Platforms falling by 3.2% and Marathon Digital decreasing by 3.4% [1] Intel - Intel's stock rose by over 2% following the announcement that the U.S. federal government will acquire a 10% stake in the company, with a total investment of approximately $8.9 billion [1] Keurig Dr Pepper - Keurig Dr Pepper's stock dropped by 7.6% after the company announced plans to acquire JDE Peet's, a Dutch coffee and tea company, for about $18 billion [1]

格隆汇8月25日｜特朗普："我获取特朗普股份分文未花，而它的价值约合110亿美元，且所有收益都将 归美国所有。为什么那些'愚蠢'的人会对此不满？我会一整天都为我们国家促成这类交易。我还会为那 些与美国达成此类高利润交易的公司提供支持。我很乐意看到它们的股价上涨，让美国变得越来越富 有，为美国创造更多就业机会！！！谁会不希望达成这样的交易呢？" ...

美股三大指数开盘集体低开，道琼斯指数跌0.24%，标普500指数跌0.17%，纳斯达克综合指数跌 0.19%。拼多多跌超1%，公司Q2净利大超预期，但高管称本季度利润或不可持续。英特尔涨逾2%，美 国联邦政府已决定收购其10%的股份，总投资额约89亿美元。房地产中概股走高，房多多涨超2%，贝 壳涨超3%。 ...

Group 1 - The U.S. stock market opened lower on August 25, with the Dow Jones index down by 0.24%, the S&P 500 index down by 0.17%, and the Nasdaq Composite index down by 0.19% [1] - Pinduoduo saw a decline of over 1%, while Intel experienced an increase of more than 2% [1] - Chinese real estate stocks performed well, with Fangdd rising over 2% and Beike increasing by more than 3% [1]

转自：证券时报 人民财讯8月25日电，美股三大指数小幅低开，道指跌0.24%，纳指跌0.14%，标普500指数跌0.15%。拼 多多开跌1.08%，热门中概股普涨，英特尔涨1.9%，阿里巴巴涨1.94%。 ...