Commerce Secretary Howard Lutnick delivered major news on Friday, confirming that the United States has finalized an investment deal with Intel, securing a 10% ownership stake in the semiconductor powerhouse. This development marks a significant step in bolstering America’s position in global technology amid ongoing concerns about supply chain vulnerabilities and competition from abroad.
The agreement stems from negotiations tied to the 2022 CHIPS and Science Act, which aimed to revitalize domestic chip production. Under the terms, the U.S. gains a nonvoting equity position in Intel in return for federal funding support.
While specific financial details remain under wraps, the move aligns with efforts to ensure taxpayer dollars yield tangible returns for national interests. Intel, for its part, has committed billions to constructing advanced manufacturing facilities in Ohio, with full operations expected by 2030. This follows an $8 billion grant finalized last fall to accelerate those projects.
Lutnick shared the update via a post on X, emphasizing the deal’s importance for economic growth and security.
“The United States of America now owns 10% of Intel, one of our great American technology companies,” he wrote. “This historic agreement strengthens U.S. leadership in semiconductors, which will both grow our economy and help secure America’s technological edge. Thanks to Intel CEO Lip-Bu Tan for striking a deal that’s fair to Intel and fair to the American People.”
President Donald Trump had hinted at the arrangement earlier in the week, highlighting it as a way to expand American influence over critical industries. Sources indicate the stake could be valued around $10 billion, reflecting Intel’s substantial market presence and the scale of federal incentives involved. For conservatives, this represents a pragmatic approach to industrial policy—using government resources not for endless subsidies, but to foster self-reliance and protect against foreign dependencies, particularly from China and Taiwan, where much of the world’s chip production is concentrated.
The CHIPS Act itself, passed under a previous administration, has faced criticism for slow rollout and bureaucratic hurdles. Yet under Trump’s leadership, deals like this one demonstrate a renewed focus on execution, prioritizing American workers and innovation. Intel’s Ohio investments alone promise thousands of high-paying jobs in a heartland state, underscoring the administration’s commitment to rebuilding manufacturing at home.
Critics from the left may decry increased government involvement in private enterprise, but proponents argue it’s essential for safeguarding national security in an era of geopolitical tensions. As Lutnick noted, the pact benefits both Intel and the public, positioning the U.S. to lead in semiconductors—a sector vital for everything from consumer electronics to defense systems.
This deal could set a precedent for future public-private partnerships, ensuring that American ingenuity drives global progress while keeping strategic assets firmly under domestic control. With operations ramping up in the coming years, the long-term impacts on the economy and technology landscape will be worth watching closely.
Three Reasons a Coffee Gift Set From This Christian Company Is Perfect for Christmas
When you’re searching for a Christmas gift that’s meaningful, useful, and rooted in faith, you don’t want to settle for anything generic. This season is filled with noise — mass-produced products, last-minute picks, and trends that fade as quickly as they appear. But one gift stands apart because it blends genuine quality with a message that matters: a coffee gift set from Promised Grounds Coffee.
This small Christian-owned company has become a favorite among believers who want to support faith-driven businesses while giving friends and family something they’ll actually enjoy. Here are three reasons a Promised Grounds Coffee gift set may be the most thoughtful and impactful present you give this year.
1. It’s Truly Delicious Coffee
Too many “gift-worthy” coffees look beautiful in the package but disappoint when the cup is poured. Promised Grounds takes the opposite approach — exceptional taste first, thoughtful presentation second.
Their beans are sourced with care, roasted in small batches, and crafted to bring out a rich, smooth flavor profile that appeals to both casual drinkers and true coffee lovers. Whether someone enjoys bold, dark roasts or lighter, more delicate blends, every sip reflects quality that stands shoulder-to-shoulder with the biggest specialty brands.
Simply put: this coffee is good. Really good. Some say it’s absolutely fantastic. If you want a gift that won’t be re-gifted, ignored, or shoved in a cabinet, this is it.
2. It Spreads the Word While Serving a Real Purpose
There are many Christian gifts that are meaningful… but not exactly practical. There are also useful gifts that have nothing to do with faith. Promised Grounds Coffee bridges both worlds beautifully.
Each gift set delivers an encouraging, faith-centered message through its packaging and presentation — a simple but powerful reminder of God’s goodness during the Christmas season. The cups are especially popular and serve as a daily reminder of the blessings from our Lord. At the same time, the product itself is something people will actually use and appreciate every single day.
It’s a gift that uplifts the spirit and fills the mug. A gift that points loved ones toward Scripture while still being part of the normal rhythm of life. And in a culture that increasingly pushes faith to the margins, giving a gift that quietly but confidently honors Christ can make a deeper impact than you might expect.
3. It’s Affordable, Valuable, and Elegantly Presented
Many people want to give something meaningful without breaking their Christmas budget. Promised Grounds Coffee strikes that perfect balance — the sets look and feel premium, but the price remains accessible.
The packaging is classy, clean, and gift-ready, making it ideal for:
- Family members of all ages
- Co-workers or employees
- Church friends or small-group leaders
- Hosts, neighbors, and last-minute gift needs
It’s the kind of gift that feels more expensive than it is — and more thoughtful than most of what you’ll find on store shelves.
The Perfect Blend of Faith, Flavor, and Christmas Cheer
A coffee gift set from Promised Grounds Coffee checks every box: a gift that tastes amazing, conveys your faith, supports a Christian business, and brings daily enjoyment to the person who receives it. In a season when so many gifts are forgotten, this one stands out for all the right reasons.
If you want a Christmas present that reflects your values and delivers genuine joy, Promised Grounds Coffee is the perfect place to start.
It’s called socialism.
Funny, last I checked the federal government wasn’t supposed to be doing that. Makes for de facto state owned companies.
Terrible development. We should be restoring the free market, not weakening it.
Isnt that fascism?”
Not only is this illegal, it’s a bail out way too late for Intel. China will no longer buy any of their chips thanks to Trump. Or Nvidia either. Some 64% of their business is gone overnight. So the US wants to get into the chip game? If it wasn’t so sad, it would be laughable.
I do think it’s illegal for the federal government to financially prop up a private business and reap a profit from future earnings.
Is it to instill confidence in American manufacturing? That’s odd because American automobile manufacturers are foreign parts assembled in USA.
This sounds like something Chairman Mao would be proud of.
Supporting Trump is one thing, but I don´t make him an idol.
He gets it right about 90% of the time …. well, maybe 80.
Imv, this is NOT cool.
Who allowed this?
Did they understand the implications?
Bad idea for the US Federal Gov and for Intel.
Could be an opportunity to install spyware. We are not the only party doing it. We would be fools not to. America First! ULTRAMAGA!