Do you feel it shifting yet?
It is subtle, but unmistakable. The United States is stepping beyond ordinary economic support, slipping into direct ownership of private enterprise. Owning ten percent of Intel is not a bailout, it’s a strategic maneuver.
The Intel chip foundry, powering every drone, missile system, satellite and cyber-defense operation is now partially tethered to Washington. This is the war economy coming alive again.
Let us walk this through.
(Cue the Battle Hymn of the Republic)
Intel as the New Arsenal
On August 22, 2025, the administration converted federal CHIPS Act grants into a ten-percent equity stake in Intel. The stake carries no voting rights, yet it signals Intel’s further integration into the national defense apparatus; chips are now synonymous with weapons.
While the government claims this move will not interfere with day-to-day operations, history shows that ownership (even without governance) aligns strategic interests with influence.
Consider SkyWater Technology, a U.S.-based semiconductor foundry specializing in radiation-hardened chips for high-altitude craft and satellites. With deep collaborations with the Defense Advanced Research Projects Agency, it stands as the only American-owned pure-play foundry of its kind, making it a likely candidate for future government equity. If Intel is the visible fortress of U.S. semiconductor capacity, SkyWater may be the shadow arsenal woven into defense.
This is not mere industrial policy, it is war economy logistics; the state is embedding itself into the supply chains critical for military readiness.
A Repeating Playbook
In both World Wars, the U.S. government nationalized railroads, seized control of the telephone system and created the Defense Plant Corporation to build and lease munitions factories. These assets were returned or privatized in peacetime and the pattern has been repeated: wartime central planning, privatization in peace. Today, semiconductors are the new artillery; Intel’s stake could be the new assembly line.
Likewise, the Department of Defense’s $400 million investment in MP Materials, the only significant rare-earth mining company in the U.S., mimics wartime strategy: securing magnet supply chains for guidance systems, drones and missiles.
What Industries Are Next?
Semiconductors were just the opening salvo. The war economy model is poised to extend into:
• Rare-earth elements and strategic metals: MP Materials already shows the model.
• Battery minerals such as lithium, graphite, and cobalt: critical for advanced munitions and energy systems.
• Oil and natural gas infrastructure: needed to sustain fleets, aircraft, and command centers.
• Advanced manufacturing for aerospace, hypersonics, and AI systems.
Silver’s Role in Military Tech and Munitions
Silver is indispensable in modern warfare for its superior conductivity and reliability. It features prominently in military electronics from radar and guidance systems to circuit boards.
• Conservative estimates put cruise missiles silver usage at about 15 per missile.
• Defense contractors manufacture silver-zinc batteries for missile families such as Patriot, Tomahawk, Hellfire, THAAD, and JDAM to power guidance, telemetry and control systems.
This demand makes silver a strategic resource and yet supply remains volatile. It is likely to become a target for government safeguarding or supply-chain oversight. If not from a military perspective, the government may involve themselves in the industry solely to manipulate cost of acquiring the metal for all industrial use.
U.S.–Ukraine Minerals Partnership
On April 30, 2025, the United States and Ukraine signed a landmark minerals agreement establishing a United States–Ukraine Reconstruction Investment Fund, equally managed by both governments. Ukraine retains ownership of its subsoil and resources, while 50 percent of new project revenues (across rare earths, lithium, titanium, uranium, graphite, oil, and gas) will flow into the fund. U.S. military aid counts as contributions and there are no debt provisions on past aid.
Ukraine’s parliament has since ratified the deal, envisioned as both a reconstruction and strategic investment vehicle. However, actual economic benefits are projected to take a decade or more due to damaged infrastructure, outdated geological data, and active conflict zones as many resource-rich areas remain under Russian control.
Strategic State War Economics
This is not European-style dirigiste planning in peacetime, it is America preparing its economy for conflict. From railroads and refineries to rare-earth mines, semiconductor fabs, critical minerals and silver-dependent munitions. The pattern is clear: when the United States identifies a threat, it turns not merely to regulation or subsidies but to ownership and control.
Ownership as Armament
America is once again rewiring capitalism for conflict. The Intel stake may feel disconcerting because it is not a standard industrial policy, it is war economy policy.
Will this be temporary, like past wartime interventions, or permanent like the Tennessee Valley Authority? That is the question.
In some respects, these recent developments from our government resembles a form of economic warfare conducted in the open but rarely acknowledged as such. The factories, the mineral rights, the intellectual property, they have all become fields of contest rather than fields of commerce. A document that circulated decades ago, Silent Weapons for Quiet Wars, framed the notion that a population could be subdued not by force of arms but by systems of policy, scarcity and control. Ignoring whether it should be viewed as allegory or leaked strategy, the thesis lingers: today’s corporate stakeholdings and mineral seizures may not be silent weapons in the literal sense but they echo the idea that war has shifted into quieter, more pervasive forms. If the weapon is silent and the war is quiet, how would we recognize we are even at war at all?
For more insight as to how likely it is the U.S. is prepping for a major conflict, see Critical Minerals: The Silent Tell of a War Economy.
© 2025 Zakariyas James. First shared here at theruminationcompilation.wordpress.com.



