Intel(US:INTC) Mei Ri Jing Ji Xin Wen·2025-08-26 14:17Core Viewpoint - The U.S. government has announced it will become the largest shareholder of Intel by acquiring a 9.9% stake for $8.9 billion, marking a significant shift in the relationship between the government and private enterprises, transforming subsidies into direct equity investments under the CHIPS and Science Act [1][4][12]. Group 1: Investment Details - The U.S. government will purchase approximately 433.3 million shares of Intel at $20.47 per share, which is a nearly 17% discount from the closing price of $24.80 on the announcement day [4]. - Including previous subsidies, the total investment from the U.S. government in Intel amounts to $11.1 billion [4]. - The government will also receive a five-year warrant to purchase an additional 5% stake if Intel's ownership of its chip foundry falls below 51% [4]. Group 2: Strategic Implications - The acquisition reflects a broader strategy to establish a sovereign wealth fund in the U.S., aimed at reducing leverage and reshaping the political order while supporting the "America First" policy [8][10]. - The investment in Intel is part of a larger initiative to control strategic assets, including potential investments in AI and quantum computing, which are closely tied to national security [11]. Group 3: Government Role Transformation - This transaction signifies a shift in the U.S. government's role from merely providing subsidies to becoming an active investor in private companies [12]. - Historically, U.S. government support for industries has been limited to grants and loans without equity stakes, but this deal breaks that precedent [12]. - The move has sparked debate regarding the implications of government intervention in the private sector, with some experts warning of potential risks to long-term economic prosperity [13][14].