Intel signs a deal for $8,869,800,000 in US government disbursements in exchange for equity

What the company reported

• On August 22, 2025 it signed an agreement with the Commerce Department for $8,869,800,000 in US government disbursements.
• That is $5,695,000,000 of accelerated funding under the existing agreement and $3,174,800,000 under Secure Enclave.
• In return it issues up to 433,323,000 common shares and warrants for up to 240,516,150 shares to the government.
• The warrants cost $20.00 per share and are exercisable only if Intel stops owning at least 51% of its foundry business.