The post Trump Administration Weighs Major Intel Stake Acquisition appeared on BitcoinEthereumNews.com. Key Points: The Trump administration explores converting Intel’s CHIPS Act grants into equity. Potentially makes U.S. the largest Intel stakeholder. SoftBank acquires less than 2% Intel stake for $2 billion. The Trump administration is in discussions to acquire a 10% stake in Intel, potentially through CHIPS Act equity conversion, while SoftBank secures a less than 2% stake. These moves signify major efforts to enhance U.S. semiconductor onshoring, amidst global supply chain tensions, with no immediate cryptocurrency impacts. U.S. Eyes 10% Stake in Intel through CHIPS Act Conversion High-level talks within the Trump administration are centered on potentially acquiring around 10% of Intel. Intel’s $10.9 billion grant from the CHIPS Act is a pivotal part of this potential transaction. Sources indicate the U.S. government takes a deeper investment role in the technology sector. The potential conversion of grants into equity highlights strategic efforts to increase U.S. influence in semiconductor manufacturing. Meanwhile, SoftBank’s confirmed $2 billion investment signals confidence despite U.S. intervention talks. This is built around this new idea that Trump is trying to make work… Intel has not commented directly on our reporting. This is the point that what the administration is trying to do is achieve onshoring up manufacturing of chips in this country. Intel wants to do the same thing. — Caroline Hyde, Host, Bloomberg Technology CHIPS Act Shift Signals Unprecedented Government Role in Tech Did you know? The CHIPS Act previously focused on grants and tax credits. Converting such grants into equity for a publicly traded firm is an uncommon approach in U.S. history, signaling significant governmental involvement in strategic industries. CoinMarketCap data shows a notable 69.92% increase over the past 90 days for Ethereum (ETH), which is trading at $4,297.48 with a market cap of $518.74 billion. ETH’s 24-hour volume reached $44.25 billion, with a 1.44%… The post Trump Administration Weighs Major Intel Stake Acquisition appeared on BitcoinEthereumNews.com. Key Points: The Trump administration explores converting Intel’s CHIPS Act grants into equity. Potentially makes U.S. the largest Intel stakeholder. SoftBank acquires less than 2% Intel stake for $2 billion. The Trump administration is in discussions to acquire a 10% stake in Intel, potentially through CHIPS Act equity conversion, while SoftBank secures a less than 2% stake. These moves signify major efforts to enhance U.S. semiconductor onshoring, amidst global supply chain tensions, with no immediate cryptocurrency impacts. U.S. Eyes 10% Stake in Intel through CHIPS Act Conversion High-level talks within the Trump administration are centered on potentially acquiring around 10% of Intel. Intel’s $10.9 billion grant from the CHIPS Act is a pivotal part of this potential transaction. Sources indicate the U.S. government takes a deeper investment role in the technology sector. The potential conversion of grants into equity highlights strategic efforts to increase U.S. influence in semiconductor manufacturing. Meanwhile, SoftBank’s confirmed $2 billion investment signals confidence despite U.S. intervention talks. This is built around this new idea that Trump is trying to make work… Intel has not commented directly on our reporting. This is the point that what the administration is trying to do is achieve onshoring up manufacturing of chips in this country. Intel wants to do the same thing. — Caroline Hyde, Host, Bloomberg Technology CHIPS Act Shift Signals Unprecedented Government Role in Tech Did you know? The CHIPS Act previously focused on grants and tax credits. Converting such grants into equity for a publicly traded firm is an uncommon approach in U.S. history, signaling significant governmental involvement in strategic industries. CoinMarketCap data shows a notable 69.92% increase over the past 90 days for Ethereum (ETH), which is trading at $4,297.48 with a market cap of $518.74 billion. ETH’s 24-hour volume reached $44.25 billion, with a 1.44%…