r/technology 3d ago

Politics The Trump administration’s big Intel investment comes from already awarded grants

https://techcrunch.com/2025/08/23/the-trump-administrations-big-intel-investment-comes-from-already-awarded-grants/
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u/Franco1875 3d ago

While Intel says the government is making an “$8.9 billion investment in Intel common stock,” the administration does not appear to be committing new funds. Instead, it’s simply making good on what Intel described as “grants previously awarded, but not yet paid, to Intel.”

So if I'm correct here, the administration gets a 10% stake in the company, but by just actually releasing funds already committed to Intel? The 'art of the deal', I guess.

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u/hackingdreams 2d ago

Or in other words, the Felon just stole 10% of Intel.