# The United States government owns approximately 433 million shares of Intel, acquired last August for $8.9 billion at $20.47 per share.

*business · news · 2026-04-24 · TNW*

## Key points

- The US government's accidental 9.9% Intel stake from CHIPS Act funds is now worth $36 billion.
- The government obtained Intel shares by converting $8.9 billion in grants at $20.47 per share.
- Lip-Bu Tan's leadership and Intel's 18A process turnaround caused a dramatic 300% stock surge.
- No exit plan or direct government management role exists for this unexpectedly lucrative equity stake.
- Nvidia invested $5 billion in Intel, despite its own paused 18A chip plans over yield concerns.

**Companies:** Intel
**Countries:** United States

[Read the full story on TNW](https://thenextweb.com/news/us-government-intel-stake-36-billion-chips-act)

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