US Government Takes Stake in Intel to Redefine Chip Manufacturing

The U.S. government’s recent deal with Intel, involving a 10% equity stake and restrictions on the sale of its foundry unit, represents a major shift in chip manufacturing. The move aims to bolster domestic production, counter global supply chain vulnerabilities, and position the U.S. as a leader in semiconductor innovation. While Intel faces financial challenges, this government intervention signifies a new era for US chip manufacturing.