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U.S. government acquired a 10% stake in Intel using $11.1 billion

technology

President Trump announced the U.S. government secured a roughly 10% stake in Intel after providing $11.1 billion in government funds to the company [13][12]. The deal is part of a broader pattern of massive federal support for technology — including large AI funding initiatives and supply‑chain/semiconductor interventions — that have reshaped industry incentives and political ties between Washington and Silicon Valley [3][5]. At the same time, innovation is decentralizing: Ukraine’s startups and small firms are building practical defense drones and munitions, creating a wartime ‘Silicon Valley of defense’ outside traditional U.S. tech centers [0][6]. These developments intersect with a cultural shift inside tech away from AGI grandiosity toward pragmatism, and with critiques of Silicon Valley’s norms and ...

Helium Trades     Aug 28, 2025