U.S. to take $11B passive stake in Intel
The Trump administration is taking an $11 billion passive equity stake in Intel, agreeing to vote with the company’s board except in limited cases, as part of a broader shift to direct federal ownership in strategic industries. The policy push also includes plans to convert a $2.3 billion loan to Lithium Americas into equity for the Thacker Pass lithium project and a Nippon Steel 'golden share' in the U.S. Steel deal that gives the government veto power over key domestic steelmaking decisions.
Economy
Politics
📌 Key Facts
- Intel: $11 billion federal stake described as 'passive ownership' with board-aligned voting.
- Lithium Americas: Administration seeks to convert a $2.3 billion federal loan into an equity stake to accelerate U.S. lithium supply.
- Nippon Steel–U.S. Steel: U.S. government granted a 'golden share' in June 2025 with veto rights over critical domestic steel decisions.