Core Viewpoint - The Trump administration is considering a significant shift in U.S. industrial policy by potentially converting federal subsidies into direct equity investments in Intel, which could make the government its largest shareholder [1][2]. Group 1: Government Involvement - The Trump administration is discussing converting part or all of the funding from the CHIPS and Science Act into equity to hold approximately 10% of Intel's shares, valued at around $10.5 billion [2][4]. - Intel is set to receive approximately $10.9 billion in subsidies for commercial and military purposes, which aligns closely with the estimated cost of acquiring a 10% stake [1][2]. - The government’s potential investment is seen as part of a broader trend of increased intervention in strategic industries [10]. Group 2: Market Reactions - Following reports of the government's potential investment, Intel's stock price experienced volatility, initially dropping by 5.5% before narrowing to a decline of over 3.6% [5][6]. - In contrast, SoftBank's announcement of a $2 billion investment in Intel at $23 per share led to a rise in Intel's stock price during after-hours trading [1][7]. Group 3: Intel's Business Challenges - Intel is currently facing stagnation in sales growth and ongoing losses, complicating its efforts to regain technological leadership in the industry [4][10]. - The new CEO, Pat Gelsinger, is focusing on cost-cutting and layoffs as primary measures to turn the company around [4]. - Analysts suggest that while federal funding could provide Intel with some breathing room to revitalize its struggling foundry business, challenges such as a weak product roadmap and difficulty in attracting customers remain [10]. Group 4: Strategic Investments - SoftBank's investment is viewed as a vote of confidence in Intel's role in the expansion of advanced semiconductor manufacturing and supply in the U.S. [1][7]. - The collaboration aims to deepen commitments to U.S. advanced technology and chip innovation [7].

据报道，特朗普政府正在讨论通过将《美国芯片与科学法案》的部分或全部拨款转换为股权，以持有英特尔约10%的股份。按英特尔当前市值计算，约10%的股份 价值约为105亿美元，并未超过原计划补贴额。与此同时，软银已率先行动，同意以每股23美元的价格向英特尔投资20亿美元。 特朗普政府正在酝酿一项可能重塑美国产业政策的重大举措，考虑将数十亿美元的联邦补贴转为对芯片巨头英特尔的直接股权投资，此举或将使政府成 为其最大股东。 据媒体报道，特朗普政府正在讨论通过将《美国芯片与科学法案》的部分或全部拨款转换为股权，以持有英特尔约10%的股份。英特尔已被安排获得总 额约109亿美元的补贴，用于商业和军事用途，这一金额与收购10%股权所需的约105亿美元资金规模基本相当。 与此同时，日本软银集团已率先行动。根据周一发布的联合声明，软银同意以每股23美元的价格向英特尔投资20亿美元。软银董事长兼首席执行官孙 正义(Masayoshi Son)表示，此举反映了其对美国先进半导体制造和供应将进一步扩张的信念，并认为英特尔将在其中扮演"关键角色"。 这些消息引发了市场的剧烈反应。在媒体报道政府可能入股后，英特尔股价周一一度下挫5.5%， ...