Kevin O’Leary is furious at Trump ‘force-feeding’ him Intel — as the US aims to invest taxpayer money in another company

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RegExp("[?&]notifications=1(&|#|$)");"desktop"===y&&i&&b.test(window.location.search)&&(i.checked=!0)};be("ybar-mod-notification",(function(e){var t={isUH3:"crunch"===e.getConfig().ytheme,notifContainer:document.getElementById("notification-container"),notifBadge:document.getElementById("notif-badge"),notifMenu:document.getElementById("ybarNotificationMenu"),notifMenuOpener:document.querySelector("#ybarNotificationMenu + label"),notifDropdown:document.getElementById("notifDropdownContainer"),tooltipContainer:document.querySelector(".".concat(Vn)),notifLabel:document.querySelector(".".concat($n))};t.notifDropdown&&ro(e,t)}))}()}};]]>Deborah D'SouzaFri, September 26, 2025 at 11:15 PM GMT+2 7 min readThe federal government’s decision to use taxpayer money to buy a stake in Intel has rankled many, including sworn free-market capitalist Kevin O’Leary.If you ask him, Intel should suffer a very different fate.“It's like a fish dying in the ocean. So Intel is a fish. It dies. It goes to the bottom. The slugs eat it,” the Shark Tank host tells Moneywise, arguing the company is best consumed by its competitors.Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's howI'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 6 of the easiest ways you can catch up (and fast)Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here’s what it is and 3 simple steps to fix it ASAPThe $8.9 billion purchase of Intel (INTC) shares makes the embattled chip manufacturer, which has fallen behind its competitors amid the AI boom, a partially state-owned enterprise. That’s far more common in places like China and Europe, but it may not be a rarity in the U.S. for long.Recently, the Trump administration bought an equity stake in MP Materials (MP), a rare-earth materials company, and took a “golden share” in U.S. Steel. There’s also been talk of buying stakes in defense contractors, like Lockheed Martin (LMT).“I don't like governments picking winners and losers in any sector, ever,” O’Leary says.Want the full Kevin O’Leary conversation? Subscribe now to watch all our latest interviews before anyone else.Unfortunately for him, the administration is now reportedly considering shares in yet another company: a mining venture that could be seen as critical to national security.The decision to give Intel taxpayer money did not originate with the Trump administration.The 2022 CHIPS and Science Act signed by President Joe Biden awarded Intel about $8 billion in grants to support its manufacturing expansion plans and strengthen national security. It was also awarded $3.2 billion as part of the Secure Enclave program.The company has been paid $2.2 billion in CHIPS grants but needed to meet certain milestones to receive the remaining $6 billion, which was looking unlikely.What the Trump administration has done is rewritten the terms of the deal.In an Aug. 25 post [1] captioned “The Art of the Deal: Intel,” Secretary of Commerce Howard Lutnick said the president decided it would be “fair” if “America had shares” in Intel in exchange for the monetary support, which in total comes to $11.1 billion.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,643.70 +38.98 (+0.59%)Dow 3046,247.29 +299.97 (+0.65%)Nasdaq22,484.07 +99.37 (+0.44%)Russell 20002,434.32 +23.28 (+0.97%)VIX15.29 -1.45 (-8.66%)Gold3,809.00 +37.90 (+1.01%)PortfolioSign in to access your portfolioSign inTop gainersCRNX Crinetics Pharmaceuticals, Inc. 45.91 +10.02 (+27.92%)QMMM QMMM Holdings Limited 119.40 +19.40 (+19.40%)EA Electronic Arts Inc. 193.35 +25.03 (+14.87%)SRRK Scholar Rock Holding Corporation 38.75 +4.26 (+12.35%)PPTA Perpetua Resources Corp. 21.16 +2.16 (+11.37%)Top losersCNXC Concentrix Corporation 47.66 -7.33 (-13.33%)MP MP Materials Corp. 68.63 -8.50 (-11.02%)KC Kingsoft Cloud Holdings Limited 15.64 -1.83 (-10.48%)IREN IREN Limited 41.86 -4.43 (-9.57%)OKLO Oklo Inc. 110.53 -8.60 (-7.22%)Most activeINTC Intel Corporation 35.50 +1.51 (+4.44%)OPEN Opendoor Technologies Inc. 8.81 -0.28 (-3.08%)SNAP Snap Inc. 8.27 -0.06 (-0.72%)NVDA NVIDIA Corporation 178.19 +0.50 (+0.28%)F Ford Motor Company 12.01 +0.39 (+3.36%)Earnings eventsMy earnings eventsEarnings eventsTrending tickersFWONK Formula One Group 104.93 +0.97 (+0.93%)BTC-USD Bitcoin USD 109,431.88 -305.13 (-0.28%)PPL PPL Corporation 36.72 +0.56 (+1.55%)AMKR Amkor Technology, Inc. 29.03 -0.14 (-0.46%)XRP-USD XRP USD 2.78 -0.00 (-0.17%)Top economic events