September 1, 2025 – On August 23, Intel made a groundbreaking announcement regarding a significant agreement with the U.S. government. The government is set to invest a whopping 8.9billioninthechip−makinggiantinexchangefora9.95.7 billion coming from the pre – allocated CHIPS Act funds and an additional $3.2 billion from the “Secure Enclave” initiative.
During the Deutsche Bank 2025 Technology Conference, Intel’s Chief Financial Officer, David Zinsner, revealed that the company had already received the 5.7billionfromthegovernment.This,whenaddedtothe2.2 billion in CHIPS Act funds that Intel had received earlier, brings the U.S. government’s total investment in the company to an impressive $11.1 billion.
According to reports from The Wall Street Journal and Reuters published yesterday, with the U.S. government taking an equity stake in Intel, the company has been relieved of some of its obligations under the CHIPS Act.
Intel stated in a filing that it now only needs to prove that it has spent 7.9billiononapprovedprojects(Reutersmentionedthattheactualamountinvestedwas7.87 billion) to be eligible for government funding support.
Under the new requirements, Intel is no longer required to share the cumulative cash flow from the projects with the Department of Commerce. It is also exempt from adhering to certain work – flow policy requirements and most other restrictions. However, there are still strict rules in place; the company is prohibited from using the government funds for dividend payments or stock buybacks.
