The U.S. stake in Intel does not amount to a complete government takeover. While the federal government has assumed total control of private corporations before, such incidents have usually arrived during times of crisis — and not with the direct intention of attempting to play the markets.

Intel warned shareholders that the government’s stake could lead to "adverse reactions" from international customers, investors, and business partners.

On Friday, President Trump struck a deal with Intel. In exchange for around $9 billion in grants that the federal government awarded to the chipmaker during the Biden administration, the U.S. government gets an ownership stake in the company — just shy of 10%.