Trump’s $8.9 Billion Intel Deal Sparks Legal And Industry Debate

Trump’s $8.9 Billion Intel Deal Sparks Legal And Industry Debate

Trump Intel Investment Explained The Trump Intel investment has drawn widespread attention after the administration announced an $8.9 billion agreement with the chipmaker. While the deal is being described as a major government stake in Intel, reports confirm that no new taxpayer funds are being committed. Instead, the investment comes from previously awarded but unpaid grants under earlier semiconductor programs. This move has sparked debate about whether the government can legally convert these grants into equity ownership. Image Credits:Intel Corporation Funding Through Previous Grants Intel clarified that the $8.9 billion figure is tied to $5.7 billion from the CHIPS Act and $3.2 billion from the Secure Enclave program, both awarded during the prior administration but not yet disbursed. While the company already received part of the CHIPS Act funding, the remaining amount had been pending. The Trump administration now seeks to channel these funds into equity, giving the government a…