""Intel's new identity as a government-backed 'national champion' represents a structural shift in how enterprises must evaluate supplier relationships," said Sanchit Vir Gogia, chief analyst at Greyhound Research. "Technology buyers have framed procurement primarily in terms of cost, performance, and roadmap alignment. Intel's repositioning disrupts that calculus.""
""It is my Great Honor to report that the United States of America now fully owns and controls 10% of INTEL, a Great American Company that has an even more incredible future.""
""will make an $8.9 billion investment in Intel common stock, reflecting the confidence the Administration has in Intel to advance key national priorities and the critically important role the company plays in expanding the domestic semiconductor industry.""
The US government became Intel's largest shareholder by converting CHIPS Act grants and a Department of Defense Secure Enclave capitalization into equity, resulting in an $8.9 billion investment plus prior $2.2 billion in grants, roughly $11 billion in public support. The administration will not take board seats and has agreed to vote with Intel's board on shareholder matters. The move designates Intel as a government-backed national champion and is expected to shift enterprise procurement evaluations from sole emphasis on cost and performance toward strategic, national-interest considerations.
Read at Computerworld
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