"It's been a tumultuous year for the U.S. semiconductor industry. The semiconductor industry plays a sizable role in the "AI race" that the U.S. seems determined to win, which is why this context is worth paying attention to: from Intel's appointment of Lip-Bu Tan to CEO - who wasted no time getting to work trying to revitalize the legacy company - to Joe Biden proposing sweeping new AI chip export rules on his way out of office that never came to fruition."
"The highlights were the growth of its data center business, which saw its revenue grow 56% year over year. U.S. Government takes equity stake in Intel SoftBank takes a stake in Intel August 18 - Japanese conglomerate SoftBank announced it was taking a $2 billion stake in Intel. SoftBank CEO Masayoshi Son called the deal "strategic." The transaction was announced as rumors were swirling that the U.S. was going to take a stake in the company."
"Both companies agreed to pay the U.S. government 15% of revenue from their chip sales in China. Trump and Lip-Bu Tan meet August 11 - Intel CEO Lip-Bu Tan went to the White House to meet with President Donald Trump. The pair talked about Tan's past and how Intel can help the U.S. with its goal of bringing semiconductor manufacturing back to the U.S. Both called the conversation productive."
2025 brought major shifts across the U.S. semiconductor industry, including leadership change at Intel with Lip-Bu Tan taking CEO duties and pushing to revitalize the legacy firm. Nvidia reported record second-quarter sales driven by a 56% year-over-year jump in data center revenue. SoftBank announced a $2 billion stake in Intel amid rumors of U.S. government equity interest. Nvidia and AMD secured licenses to sell AI chips in China while agreeing to pay 15% of those sales revenue to the U.S. government. Meetings with the White House emphasized reshoring manufacturing, and tariff threats emerged as a policy lever.
Read at TechCrunch
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