Trump makes the government Intel’s largest investor
Post Reports
The Washington Post
4.4 • 5.1K Ratings
🗓️ 26 August 2025
⏱️ 22 minutes
🧾️ Download transcript
Summary
Late last week, President Donald Trump announced the federal government will now own 10 percent of the chipmaker Intel. The move is just one in a pattern of unprecedented deals the Trump administration has struck with tech companies, reshaping the relationship between the federal government and big business.
Host Elahe Izadi talks with technology reporter Gerrit De Vynck about how the Intel deal happened, how it compares with past government bailouts and why some free-market conservatives are concerned that the deal signifies government overreach.
Today’s show was produced by Arjun Singh with help from Lucas Trevor. It was mixed by Sam Bair. And edited by Ariel Plotnick. Thanks to Tom Simonite.
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Transcript
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| 0:00.0 | The United States is about to become part owner of a tech company. |
| 0:06.7 | President Donald Trump announced late last week that his administration was set to take a 10% stake in the company Intel. |
| 0:16.4 | This is a huge deal. This is the U.S. government taking, you know, the largest equity stake in a massive |
| 0:23.5 | company worth billions and billions of dollars. It's something that very rarely happens in the United |
| 0:28.3 | States. That's Garrett DeVink. He's a tech reporter at the Post. And he says that the Intel deal |
| 0:34.4 | is actually part of a series of unprecedented deals Trump is striking |
| 0:38.5 | with massive tech firms. The relationship between government and corporate America under Donald |
| 0:44.3 | Trump has completely changed. Here we have Trump getting directly involved financially with |
| 0:50.3 | some of the biggest businesses in America, taking ownership stakes for the government, |
| 0:55.1 | doing deals where the government gets a share of revenue |
| 0:58.0 | from some of these companies. |
| 0:59.4 | There's questions about whether these deals are even constitutional. |
| 1:02.9 | It's just a totally different picture |
| 1:04.2 | from anything that we've seen for decades here in the United States. |
| 1:09.8 | From the newsroom of the Washington Post, |
| 1:12.1 | this is Post reports. |
| 1:13.8 | I'm Elahe Izadi. |
| 1:15.5 | It's Tuesday, August 26th. |
| 1:18.1 | Today, Garrett explains the government's deal with Intel, |
| 1:21.6 | how it will work, |
| 1:22.6 | and why this approach is worrying |
| 1:25.0 | some self-proclaimed free market conservatives. |
... |
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