{"id":687760,"date":"2025-08-29T03:30:31","date_gmt":"2025-08-29T00:30:31","guid":{"rendered":"https:\/\/buradabiliyorum.com\/en\/trump-administrations-deal-is-structured-to-prevent-intel-from-selling-foundry-unit\/"},"modified":"2025-08-29T03:30:31","modified_gmt":"2025-08-29T00:30:31","slug":"trump-administrations-deal-is-structured-to-prevent-intel-from-selling-foundry-unit","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/trump-administrations-deal-is-structured-to-prevent-intel-from-selling-foundry-unit\/","title":{"rendered":"Trump administration’s deal is structured to prevent Intel from selling foundry unit"},"content":{"rendered":"
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The Trump administration seems intent on controlling Intel\u2019s ability to make key business decisions around its floundering foundry business unit.<\/p>\n

According to reporting from the Financial Times<\/a>, at a Deutsche Bank conference on Thursday, Intel\u2019s CFO David Zinsner shared new details about the company\u2019s recent deal with the Trump administration, which gave the U.S. government a 10% equity stake.<\/p>\n

The deal was structured in a way to penalize Intel if it spins out its foundry business unit, which makes custom chips for outside customers, within the next few years.<\/p>\n

Last week\u2019s deal included a five-year warrant that would allow the U.S. government to take an additional 5% of Intel, at $20 a share, if the company held less than 51% equity in its foundry business. Zinsner said he expects that warrant to expire.<\/p>\n

\u201cI think from the government\u2019s perspective, they were aligned with that; they didn\u2019t want to see us take the business and spin it off or sell it to somebody,\u201d he said.<\/p>\n

Zinsner added that the company received $5.7 billion in cash<\/a> on Wednesday, as a result of last week\u2019s deal, according to Reuters. (That cash comes from the remaining grants previously awarded, but not yet paid, to Intel under the U.S. CHIPS and Science<\/a> Act.)<\/p>\n

White House press secretary Karoline Leavitt told reporters today that the deal was still being ironed out.<\/p>\n

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Techcrunch event<\/p>\n

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\n\t\t\t\t\t\t\t\t\tSan Francisco<\/span>
\n\t\t\t\t\t\t\t\t\t\t\t\t\t|<\/span>
\n\t\t\t\t\t\t\t\t\t\t\t\t\tOctober 27-29, 2025<\/span>\n\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n

Intel declined to comment on the deal beyond Zinsner\u2019s remarks. <\/p>\n

This deal structure is clearly a testament to the Trump administration\u2019s desire to bring more chip manufacturing to the United States as many players in the industry turn to Taiwan Semiconductor Manufacturing Company\u2019s offshore manufacturing instead.<\/p>\n

But this warrant also forces Intel to keep a business unit that is losing money. Intel Foundry reported an operating income loss of $3.1 billion during the second quarter and has been a source of strife for the semiconductor business.<\/p>\n

There have been calls from analysts, board members, and investors alike to spin out the struggling foundry unit, which looked like it might actually happ<\/a>en last fall, before Intel Foundry\u2019s architect, former CEO Pat Gelsinger, retired suddenly in December.<\/p>\n<\/div>\n

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If you want to read more like this article, you can visit our Technology<\/a><\/span> category.<\/strong><\/p>\n<\/blockquote>\n

Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The Trump administration seems intent on controlling Intel\u2019s ability to make key business decisions around its floundering foundry business unit. According to reporting from the Financial Times, at a Deutsche Bank conference on Thursday, Intel\u2019s CFO David Zinsner shared new details about the company\u2019s recent deal with the Trump administration, which gave the U.S. government…<\/p>\n","protected":false},"author":1,"featured_media":687761,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/techcrunch.com\/wp-content\/uploads\/2023\/08\/newsroom-robert-noyce-bldg-2.jpg.rendition.intel_.web_.1920.1080.jpg?resize=1200,675","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[77337,75885,151537,78232],"class_list":["post-687760","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-ai","tag-enterprise","tag-government-policy","tag-intel"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/687760","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=687760"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/687760\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/687761"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=687760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=687760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=687760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}