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Intel
, which now counts the U.S. government as its largest shareholder, said on Tuesday that it will match the Trump administration’s $1,000 payout for children of eligible U.S. employees.
The matching funds, which is a benefit for Intel staff, mark the latest sign of a close working relationship between the Trump administration and Intel after the government took a 10% stake in the chipmaker last year through an $8.9 billion investment.
The 530A program, often called “Trump Accounts,” passed as part of the administration’s “big beautiful bill,” and is intended to jumpstart wealth-building opportunities for children, allowing their investments to grow and compound for years before they become adults.
