08/25/2025

Intel Warns U.S. Stake Could Hurt International Sales

The state could also hurt future grants

Intel said on Monday that the U.S. government's 9.9 percent stake in the chipmaker could pose risks to its business, from potentially harming international sales to limiting its ability to secure future government grants.

The company laid out new risk factors in a securities filing after the government decided to convert $11 billion in government grants into an equity stake in Intel, the latest extraordinary intervention in corporate America by President Donald Trump.

Separately, Intel CEO Lip-Bu Tan said in a video posted on Monday by the Commerce Department that the company did not need the government funding.

Please select this link to read the complete article from Reuters.