Mr. Lin Wei-Zhi, Executive Vice President, Ji-Pu Industrial Trend Research Institute

Trump announced on 8/22 U.S. time that the U.S. government is taking over Intel, investing a total of about $8.9 billion in Intel's 10% of common stock (about 433.3 million shares) through the conversion of previously unpaid grants (not cash funding) at a price of $20.47 per share. Of this amount, $5.7 billion came from unpaid CHIPS and Science Act grants, which Intel claimed to have deposited into its account on 8/27, and $3.2 billion came from the Secure Enclave program. At the same time, the U.S. government also declared that it is a passive shareholder with no board seat and no general governance rights. In addition, the U.S. government received a five-year warrant to purchase up to 5% shares of Intel common stock at a price of $20 per share. The warrant is exercisable only if Intel's ownership of its foundry is less than 51% [as of 8/30 Taiwan time, the White House still claims the deal is still under discussion].

The entry of the U.S. government into the company may mean that more resources will flow in, making Intel, which is the representative of U.S. semiconductor manufacturing and has suffered losses for many years, seemingly have a powerful backer.