The Trump administration has invested roughly $26.7 billion across 30 equity or quasi-equity deals, headlined by a 9.9% stake in chipmaker Intel that’s now worth $42 billion.
Others include $400 million into rare-earth miner MP Materials to loosen China’s grip on magnet supply chains; the “golden share” in U.S. Steel retained as a condition of its sale to Japan’s Nippon Steel; or the flurry of stakes in quantum computing firms.
