> ## Content Index
> Fetch the complete content index at: https://spyglass.org/llms.txt
> Use this file to discover other available public pages before exploring further.

# The US Government Inside Intel
- URL: https://spyglass.org/intel-bail-out/
- Published: 2025-08-14T21:18:51.000Z
- Updated: 2025-09-26T15:55:30.000Z
- Description: Trump keeps right on wheeling and dealing with tech companies...
- Author: M.G. Siegler
- Tags: intel, donald trump, politics, money, microsoft, tech

[Trump Administration Said to Discuss Taking Stake in IntelThe Trump administration is in talks with Intel Corp. to have the US government potentially take a stake in the beleaguered chipmaker, helping support the company’s effort to expand domestic manufacturing, according to people familiar with the plan.![](https://storage.ghost.io/c/af/ca/afcaa655-46e2-45b8-889a-2881de5cce69/content/images/icon/favicon-black-23.png)BloombergRyan Gould![](https://storage.ghost.io/c/af/ca/afcaa655-46e2-45b8-889a-2881de5cce69/content/images/thumbnail/1200x800-17.jpg)](https://www.bloomberg.com/news/articles/2025-08-14/trump-administration-is-said-to-discuss-us-taking-stake-in-intel?ref=spyglass.org)

[Prediction #3 for 2025](https://spyglass.org/10-big-predictions-for-2025/), made on December 31, 2024 was as follows:

> **Intel gets bailed out** – We'll see what ends up happening with the CHIPS Act under the new Trump administration, but regardless, I have a hard time believing they're going to just let Intel wither on the vine. Enabling/bolstering a true American player in chips is a win, no matter the political party. Could a new administration help broker a deal to get, say, [Microsoft to support the rejuvenation of Intel](https://spyglass.org/intels-white-knight-microsoft/)? First things, first, Intel needs to put in place a new leadership team. I'll keep my ([early](https://spyglass.org/dispatch-022/#:~:text=As%20for%20the,too%20risk%2Daverse...)) money [on Lip-Bu Tan here](https://spyglass.org/dispatch-023/#:~:text=As%20I%20guessed,ago.%20%5BReuters%5D) – if he can [overhaul the entire board](https://spyglass.org/intel-outside-gelsinger/) as well... 

Well, the path was perhaps a bit different than I imagined. [While I nailed the Lip-Bu Tan element](https://spyglass.org/intel-lip-bu-tan/), I don't think I possibly could have foreseen President Trump then [*calling for the ouster of Tan*](https://www.cnbc.com/2025/08/07/intel-ceo-trump-lip-bu-tan.html?ref=spyglass.org) – before [meeting with him](https://www.cnbc.com/2025/08/11/intel-ceo-trump-lip-bu-tan.html?ref=spyglass.org) and seeing there was clearly a deal to be done. 

As Ryan Gould, Josh Wingrove, and Liana Baker report after that meeting:

> The Trump administration is in talks with Intel Corp. to have the US government potentially take a stake in the beleaguered chipmaker, helping support the company’s effort to expand domestic manufacturing, according to people familiar with the plan.  
>  
> The deal would help shore up Intel’s planned factory hub in Ohio, said the people, who asked not to be identified because the deliberations are private. The company had once promised to turn that site into the world’s largest chipmaking facility, though it’s been repeatedly delayed. The size of the potential stake isn’t clear.

This follows, of course, [the "unprecedented" deal](https://spyglass.org/the-art-of-the-quid-pro-quo/) for the US government to get a cut of NVIDIA and AMD chip sales to China. And that itself follows [Tim Cook literally presenting a gold bar to the President](https://spyglass.org/my-god-how-embarrassing/) at the White House to ensure the erratic tariff threats miss Apple's core business – [again](https://spyglass.org/apple-china-tariffs-exemption/). We live in interesting times. Interesting, stupid, and dangerous times.

Still, I'm not sure the government *shouldn't* be helping Intel here. I mean, they already were with the CHIPS Act. But Trump hates the CHIPS Act simply because it's associated with Joe Biden, so... he clearly has been seeking a different way to get involved and get credit. And taking a stake in Intel, rather than just granting them money, is certainly a Trumpian way of getting involved!

I still think Intel would be better suited to have a strong and aligned fiscal private partner here [in the vein of Microsoft](https://spyglass.org/intels-white-knight-microsoft/) or [Amazon](https://spyglass.org/intel-strikes-deals/) or [Apple or even NVIDIA](https://spiral.spyglass.org/i/169453915/could-apple-or-nvidia-save-intel?ref=spyglass.org). But the Trump administration seemingly tried that approach [with TSMC](https://www.theinformation.com/articles/intel-tsmc-tentatively-agree-form-chipmaking-joint-venture?rc=lsmcir&ref=spyglass.org) and it [didn't seem to go very far](https://www.cnbc.com/2025/04/17/tsmc-denies-its-talking-to-intel-about-chip-making-joint-venture.html?ref=spyglass.org). So... I hope Intel is ready to make some gold-plated chips!

**One more thing:** a lot of those [other predictions](https://spyglass.org/10-big-predictions-for-2025/) are looking pretty good at this point, if I do say so myself...

![](https://storage.ghost.io/c/af/ca/afcaa655-46e2-45b8-889a-2881de5cce69/content/images/2025/08/0_3-1.jpg)

![](https://storage.ghost.io/c/af/ca/afcaa655-46e2-45b8-889a-2881de5cce69/content/images/2025/08/0_1-3.jpg)

![](https://storage.ghost.io/c/af/ca/afcaa655-46e2-45b8-889a-2881de5cce69/content/images/2025/08/0_3.jpg)

![](https://storage.ghost.io/c/af/ca/afcaa655-46e2-45b8-889a-2881de5cce69/content/images/2025/08/0_2.jpg)

Collect them all...