US Expands Intel Stake as Chipmaker Advances Sub-2nm Technology
The White House meeting between President TRUMP and Intel CEO Lip-Bu Tan underscored two converging trends: aggressive government backing of domestic semiconductor production and Intel's technical milestones. Federal ownership now stands at 5.5% of outstanding shares, with plans to double that position by year-end.
Intel shares have rallied 70% since initial investment disclosures, reflecting market confidence in both the CHIPS Act subsidies and the company's roadmap. The 18A (sub-2nm) process remains on track for 2025 deployment - a timeline critical for maintaining competitiveness against TSMC and Samsung.
Private capital follows public direction: Nvidia and SoftBank committed billions alongside the Treasury's position, creating unusual alignment between industrial policy and private investment. 'When America leads in fabrication, the entire tech ecosystem benefits,' Tan remarked post-meeting.
