AI Fund Flows

Intel ↔ US Government: every deal

All 2 deals between Intel and US Government: $16.8B in total since Nov 26, 2024, with dates, status and sources. Updated Nov 9, 2026.

US Government → Intel
$16.8B
Aug 22, 2025Investmentclosed$8.9B
US Government → Intel · 433.3 million shares at $20.47 (9.9%)

$8.9 billion of CHIPS Act and Secure Enclave grants converted into a 9.9% stake, plus a warrant for another 5%. The government gets no board seats.

Nov 26, 2024Investmentclosed$7.9B
US Government → Intel · CHIPS Act subsidy finalized

The US government finalizes $7.86 billion in grants for Intel fabs in Arizona, New Mexico, Ohio and Oregon; in 2025 part of these funds will become the 10% stake.