Welcome back to Squawk. We are watching shares of Intel again this morning. Take a look.We're about 2450. Uh they fell about 1% yesterday. Speaking to reporters, President Trump defended his deal for the US to take a 10% stake in Intel and said he would make similar moves with other companies if he has the opportunity.Meanwhile, Intel warning in a securities filing that the government stake could pose business risks, including potentially harming international sales and impacting the company's ability to ge ...

Christian, you've put out a React note along with colleagues really talking about how this is all for support, this potential stake. But it wouldn't close the gap with TSMC. Just talk us through your thinking.Yeah, there's like the positives of this stake one near-term that it can help, but we don't think it's it's really positive long term for stakeholders in terms of the near-term positives they get the 10 billion infusion, they get us signaling that the government is behind this and behind and Dylan and ...

Trump Weighs 10% Government Stake in Intel as Softbank Buys In. Listen for more on Bloomberg Intelligence. https://t.co/V4FqS4iyf4 ...

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 ...