Trump Claims $11 Billion Intel Stake for U.S., Vows More Profitable Deals; AI Infrastructure Bolstered by Lambda, Supermicro, and Nvidia Partnership

By / / Breaking News

Key Takeaways

  • Former President Donald Trump announced that the U.S. government has secured a 9.9% stake in Intel (INTC), valued at approximately $11 billion, claiming the acquisition was made at "zero cost" to the nation.
  • The deal, which converts previously allocated federal grants into equity, underscores Trump's commitment to pursuing "lucrative deals" for the country and supporting companies that engage in such arrangements.
  • In related technology news, Lambda, in partnership with Supermicro (SMCI) and Nvidia (NVDA), has deployed large-scale AI server clusters utilizing Nvidia's Blackwell GPUs to enhance next-generation AI infrastructure.

President Donald Trump has announced that the United States government has acquired a substantial 9.9% equity stake in semiconductor giant Intel (INTC), a deal he values at approximately $11 billion. Trump stated on Truth Social that the U.S. "paid nothing for these Shares," asserting that the entire value "goes to the USA." This acquisition positions the U.S. government as one of Intel's largest shareholders, though the shares are non-voting and do not grant board representation.

The arrangement involved converting $8.9 billion in previously allocated government funds, specifically from the U.S. CHIPS and Science Act grants and the Secure Enclave program, into common stock. When combined with $2.2 billion Intel had already received, the total government commitment related to this stake amounts to $11.1 billion. Intel's market capitalization is currently over $100 billion, and the government's shares were acquired at $20.47 per share, below Friday's closing price. Trump emphasized his intention to "make deals like that for our Country all day long" and pledged to "help those companies that make such lucrative deals" with the United States. This move is part of a broader strategy by the Trump administration to intervene in corporate America, aiming to strengthen U.S. leadership in semiconductors and boost domestic manufacturing.

In other significant technology developments, Lambda, a leading provider of AI cloud

Disclaimer: This article is for informational purposes only and does not constitute financial advice. We are not financial professionals. The authors and/or site operators may hold positions in the companies or assets mentioned. Always do your own research before making financial decisions.
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