US government is reportedly in discussions to take stake in Intel2025-08-14 19:03 by DanielaTags: Intel
The Trump administration is in talks with Intel to have the U.S. government potentially take a stake in the struggling chipmaker, Bloomberg News reported on Thursday, citing people familiar with the plan. The plan stems from a meeting this week between President Donald Trump and Intel CEO Lip-Bu Tan, according to the report. The meeting came days after Trump publicly demanded the resignation of Tan over his investments in Chinese tech companies, some linked to the Chinese military. Intel declined to comment on the report but said it was deeply committed to supporting President Trump's efforts to strengthen U.S. technology and manufacturing leadership. "Discussion about hypothetical deals should be regarded as speculation unless officially announced by the administration," said White House spokesman Kush Desai. The details of the stake and price are still being discussed, according to the report. Read more -here-
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