According to reports, the Trump administration is exploring stakes not only in Intel but also in major semiconductor companies that have established large-scale manufacturing bases in the U.S., including Micron, Samsung, and TSMC.
Previously, it was reported that the government was considering acquiring a 10% stake in Intel. To support this, the administration is said to be planning to convert Intel's $7.9 billion funding under the U.S. CHIPS Act into equity, aiming to incentivize the company to bring more chip manufacturing back to American soil.
Although the CHIPS Act has allocated a total of $33.7 billion in funding with binding incentives for semiconductor firms, actual cash disbursements have so far been minimal. This has created some strategic flexibility for negotiations between the government and companies like Intel, Micron, Samsung, and TSMC over the proposed "grant-to-equity" approach. To date, the CHIPS Act has allocated $6.6 billion to TSMC, $6.2 billion to Micron, and $4.75 billion to Samsung, supporting the push for onshore semiconductor production.