Intel shares jump after report says Trump administration looking at stake

Shares in Intel have jumped 7.4% after it was reported that the Trump administration is considering taking a stake in the struggling US chipmaker. A stake in Intel would mark the Trump administration's latest attempt to intervene in key private industry. He has repeatedly threatened to impose tariffs of up to 100% on imported semiconductors and chips, which could favour Intel as a US-based semiconductor firm. Earlier this week, the US government announced a deal that would result in the chipmakers Nvidia an ...