remember if you will mussolini's definition of fascism is the combination of government and corporations and their interests;

Update 8/22/25 1657EST: Bloomberg is reporting that the deal will see the U.S. government acquiring 433.3 million shares of Intel at $20.47 per share. The government will be "passive" owners with no board members and agrees to vote with the company's board of directors. The government's stake will be funded by $5.7 billion in award grants, the report says, and the government will get a warrant for an additional 5% of the company that can be exercised under certain conditions.

Bloomberg writes:

Under the Friday agreement, the US will receive 433,323,000 shares of common stock — representing 9.9% of the fully diluted common shares in Intel — with the government pledging to release nearly $8.87 billion in funding under the Chips and Science Act, people familiar with the terms said, speaking on condition of anonymity to outline the deal before it was formally unveiled. That represents the remaining Chips Act funding that was awarded but not yet distributed to Intel, they said. The shares are non-voting and there is no board seat for the US government, according to the people. Tan was at the Commerce Department building on Friday finalizing the deal.

"This historic agreement strengthens U.S. leadership in semiconductors, which will both grow our economy and help secure America’s technological edge," Commerce Secretary Howard Lutnick wrote on Twitter following the news............more.........