---
title: "Hassett believes that the U.S. government may follow the Intel agreement to invest in other companies"
description: "Kevin Hassett, the Director of the National Economic Council at the White House, stated that he is \"confident\" that more transactions similar to the U.S. government's stake in Intel will occur at some"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/254452455.md"
published_at: "2025-08-25T12:49:45.000Z"
---

# Hassett believes that the U.S. government may follow the Intel agreement to invest in other companies

> Kevin Hassett, the Director of the National Economic Council at the White House, stated that he is "confident" that more transactions similar to the U.S. government's stake in Intel will occur at some point in the future. He hopes to establish a sovereign wealth fund, and the government's equity increases may happen in industries beyond semiconductors. Intel will receive funding from the CHIPS Act, and the government will acquire shares. Intel will "regroup" with the influx of cash. Companies like Intel are expected to achieve higher profitability. (CNBC)

Kevin Hassett, the Director of the National Economic Council at the White House, stated that he is "confident" that more transactions similar to the U.S. government's stake in Intel will occur at some point in the future. He hopes to establish a sovereign wealth fund, and the government's equity increases may happen in industries beyond semiconductors. Intel will receive funding from the CHIPS Act, and the government will acquire shares. Intel will "regroup" with cash inflows. Companies like Intel are expected to achieve higher profitability. (CNBC)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.