The U.S. government's acquisition of a 10% stake in Intel highlights strategic importance of the company and indicates how important it is to the U.S. government. But the government's new 10% ownership stake could cause problems for shareholders, employees, business partners, and the company's international sales, according to Intel's filing with the Securities and Exchange Commission (SEC).
One of Intel's biggest concerns is its dependence on foreign markets: In fiscal 2024, the company earned 76% of its $53.1 billion revenue outside the United States, a slight decline from the previous year, but still the lion's share. Sales to entities in China contributed 29% of Intel's total revenue, followed by the U.S. with 24.5%, Singapore with 19.2%, and Taiwan with 14.7%. Now that the U.S. government is Intel's largest shareholder, the chipmaker is directly linked to Trump's unpredictable trade and tariff policies, which could unsettle overseas customers and governments.
