Topics

U.S. government plans to take a 10% stake in Intel

Tech and VC heavyweights join the Disrupt 2025 agenda

Netflix, ElevenLabs, Wayve, Sequoia Capital, Elad Gil — just a few of the heavy hitters joining the Disrupt 2025 agenda. They’re here to deliver the insights that fuel startup growth and sharpen your edge. Don’t miss the 20th anniversary of TechCrunch Disrupt, and a chance to learn from the top voices in tech — grab your ticket now and save up to $600+ before prices rise.

Tech and VC heavyweights join the Disrupt 2025 agenda

Netflix, ElevenLabs, Wayve, Sequoia Capital — just a few of the heavy hitters joining the Disrupt 2025 agenda. They’re here to deliver the insights that fuel startup growth and sharpen your edge. Don’t miss the 20th anniversary of TechCrunch Disrupt, and a chance to learn from the top voices in tech — grab your ticket now and save up to $675 before prices rise.

Most Popular

OpenAI lawyers question Meta’s role in Elon Musk’s $97B takeover bid

Harvard dropouts to launch ‘always on’ AI smart glasses that listen and record every conversation

Google launches a new Pixel Journal app

Why Paradigm built a spreadsheet with an AI agent in every cell

HR giant Workday says hackers stole personal data in recent breach

How your solar rooftop became a national security issue

A comprehensive list of 2025 tech layoffs

Latest

Amazon

Apps

Biotech & Health

Climate

Cloud Computing

Commerce

Crypto

Enterprise

EVs

Fintech

Fundraising

Gadgets

Gaming

Google

Government & Policy

Hardware

Instagram

Layoffs

Media & Entertainment

Meta

Microsoft

Privacy

Robotics

Security

Social

Space

Startups

TikTok

Transportation

Venture

Events

Startup Battlefield

StrictlyVC

Newsletters

Podcasts

Videos

Partner Content

TechCrunch Brand Studio

Crunchboard

U.S. government plans to take a 10% stake in Intel Kirsten Korosec PM PDT · August 22, 2025 The U.S. government plans to take a 10% stake in Intel, President Donald Trump told

Intel declined to comment.

The news comes during a pivotal — and recently volatile — time for Intel. CEO Lip-Bu Tan is currently restructuring the chipmaker, shuttering certain divisions and laying off workers in a bid to focus on its core businesses and catch up to rivals like Nvidia.

Earlier this month, Trump pushed Tan to resign because of perceived conflicts of interest. Tan later met with Trump to find out a way to assuage the president and figure out ways for the company and government to work together.

While speaking to the White House press pool, Trump acknowledged the resignation push.

“I said well if that’s right he should resign and he came in and he saw me we talked for a while. I liked him a lot.,” Trump said according to emailed comments from the press pool. “I thought he was very good. I thought he was somewhat a victim but you know nobody’s a total victim I guess, and I said, you know what, I think the United States should be given 10% of Intel. And he said, I would consider that. I said, well, I’d like you to do that because Intel’s been left behind as, you know, compared to Jensen. And some of our friends Nvidia.”

Trump continued, “I said I think it would be good having the United States as your partner. He agreed. And they’ve agreed to do it and I think it’s a great deal for them and I think it’s a great deal.”

Techcrunch event Tech and VC heavyweights join the Disrupt 2025 agenda Netflix, ElevenLabs, Wayve, Sequoia Capital, Elad Gil — just a few of the heavy hitters joining the Disrupt 2025 agenda. They’re here to deliver the insights that fuel startup growth and sharpen your edge. Don’t miss the 20th anniversary of TechCrunch Disrupt, and a chance to learn from the top voices in tech — grab your ticket now and save up to $600+ before prices rise. Tech and VC heavyweights join the Disrupt 2025 agenda Netflix, ElevenLabs, Wayve, Sequoia Capital — just a few of the heavy hitters joining the Disrupt 2025 agenda. They’re here to deliver the insights that fuel startup growth and sharpen your edge. Don’t miss the 20th anniversary of TechCrunch Disrupt, and a chance to learn from the top voices in tech — grab your ticket now and save up to $675 before prices rise. San Francisco | October 27-29, 2025 REGISTER NOW Such federal government ownership of a major corporation would mark a dramatic departure from longstanding U.S. policy. Government equity stakes in private companies are extremely rare in the U.S. and highly controversial, with notable exceptions occurring during the 2008-2009 financial crisis when the government took temporary ownership stakes in companies like General Motors, AIG, and a few major banks to prevent economic collapse.

The government systematically sold those stakes back to private investors over the following several years.

The Intel deal, which is expected to be announced later Friday, comes days after the Japanese conglomerate SoftBank agreed to make a $2 billion investment in Intel. That deal was couched as a commitment to advanced technology and semiconductors in the U.S.. Under that agreement, SoftBank agreed to buy Intel common stock at $23 per share. Intel shares were trading around $25 on Friday afternoon.

TechCrunch has reached out White House for comment.

Topics

Kirsten Korosec Transportation Editor

October 27-29, 2025 San Francisco Put your brand in front of 10,000+ tech and VC leaders across all three days of Disrupt 2025. Amplify your reach, spark real connections, and lead the innovation charge. Secure your exhibit space before your competitor does.

Most Popular OpenAI lawyers question Meta’s role in Elon Musk’s $97B takeover bid Maxwell Zeff

Harvard dropouts to launch ‘always on’ AI smart glasses that listen and record every conversation Lorenzo Franceschi-Bicchierai Rebecca Bellan

Google launches a new Pixel Journal app Ivan Mehta

Why Paradigm built a spreadsheet with an AI agent in every cell Rebecca Szkutak

HR giant Workday says hackers stole personal data in recent breach Zack Whittaker

How your solar rooftop became a national security issue Connie Loizos

A comprehensive list of 2025 tech layoffs Cody Corrall Alyssa Stringer Kate Park

X LinkedIn Facebook Instagram youTube Mastodon Threads Bluesky TechCrunchStaffContact UsAdvertiseCrunchboard JobsSite Map Terms of ServicePrivacy PolicyRSS Terms of UseCode of Conduct Pixel 10Made © 2025 TechCrunch Media LLC.