Trump Weighs 10% Government Stake in Intel
The US government is looking to take a stake in Intel, a major shift for the belleaguered US chipmaker and a sign of how Trump's own economic policy is shifting. Bloomberg is reporting that the administration and the company are in talks on a potential 10% stake, including by potentially converting funding under the bipartisan chips act that would make the US government the biggest shareholder in the company, although talks are still fluid and nothing has been finalized. Why are they doing it.It's in part a ...