US EditionTrump Buying Shares of Intel Is Socialism — Government Should Stay Out
The U.S. government, under Trump, acquires stakes in Intel and others to secure strategic industries despite conservative criticism of government intervention in markets.
- President Donald Trump announced on August 27, 2025, the U.S. government acquired a 10% stake in Intel by converting $11.1 billion in CHIPS Act funding into equity.
- This move followed the Biden administration's earlier CHIPS Act investments to boost U.S. semiconductor manufacturing amid global supply chain concerns.
- Intel shares rose immediately after the deal, although experts like William Lazonick and Matt Hopkins criticized the acquisition as a politicized, incoherent strategy with uncertain benefits.
- Republican lawmakers split on the deal, with figures like Rand Paul calling it a "terrible idea" and "a step toward socialism," while Trump defended it as making "the USA richer."
- The government's stake in Intel may pressure the company to make politically motivated decisions, and the move signals further politicization of economic policy amid fragile industry recovery efforts.
16 Articles
16 Articles
The Real Problem With Trump’s Intel Deal
By Connor O'Keeffe, Mises Wire | August 27, 2025 One morning, earlier this month, Trump was watching the Fox Business show Mornings with Maria when the show’s host, Maria Bartiromo, mentioned some “concerns” Republican China hawks had had about possible connections between Intel CEO Lip-Bu Tan and the Chinese military. Five minutes later, the president sent out a post demanding that Tan step down “immediately.” The demand sent Intel’s executives…
Part of Intel is now state owned and that is bad news for Europe, one of its main customers, which is back behind its targets.
GOP leaders silent on Trump's Intel stake despite fury on Capitol Hill
While congressional Republicans wrestled with President Donald Trump’s deal with a major chip manufacturer, Republican leadership in the House and Senate have remained quiet.The White House championed a recent deal to acquire a stake in the American chipmaker Intel, arguing that it was a move to bolster the country’s mission to break free of imports of crucial components in a variety of technologies.But Republicans in the House and Senate strugg…
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