President Trump says Intel CEO agreed to pay U.S. 10% of the company

Government Intervention & Equity - The US President stated Intel CEO has agreed to give the US government 10% equity in Intel [1][2] - The US government is not expected to play a major role in governments [3] - The US government does not want to have operational control over Intel [4] - It remains unclear if the US government will have a board seat or soft influence [5] Chips Act Funding Implications - Expectation that more companies receiving Chips Act funding will face similar requests from the US government [6] - Taking Chips Act money could lead to the US government turning it into equity [6]