U.S. officially takes 10% stake in Intel

Government Investment & Ownership - US government acquired approximately 10% stake in Intel [1][6] - The US government is now the largest shareholder in Intel [6] - The equity stake is funded by $57 billion (5.7%) in grants previously awarded under the CHIPS Act [5] - Additionally, $32 billion (3.2%) was awarded to Intel as part of the Secure Enclave Program [5] Deal Structure & Valuation - The US government paid nothing new for the shares, utilizing previously committed funds [4][6] - The shares are valued at approximately $11 billion [1] - The government agreed to purchase 4333 million (4333%) Intel shares at a price of $2047 per share [4] Strategic Importance - Building leading-edge semiconductors and chips is fundamental to the future of the nation [2]