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Intel Joins $1,000 Child Savings Initiative Amid Cuts

1/28/2026

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Story summary
  • Intel will match the U.S. government's $1,000 contribution under the "Trump Accounts" program for eligible children of U.S. employees.
  • The initiative is part of the 530A program and targets wealth-building for children born between 2025 and 2028.
  • Lip-Bu Tan, Intel's chief executive officer, emphasized investing in families and preparing future technologists.
  • SoFi and Robinhood are also participating, while Intel faces job cuts and declining sales.