The U.S. government is taking a stake in Intel. It's rare — but not unprecedented

By John Ruwitch

Published September 4, 2025 at 5:44 PM EDT

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The Trump administration last month took a 10% stake in chipmaker Intel. It's not the first time the government has taken a stake in a U.S. firm, but the circumstances are unusual and the desired outcome -- renewed American prowess in chipmaking -- is far from guaranteed.

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John Ruwitch

John Ruwitch is a correspondent with NPR's international desk. He covers Chinese affairs.

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