By Clare Duffy, Phil Mattingly, CNN (CNN) — The Trump administration is reportedly considering having the US government take a stake in Intel, a company that was once one of America’s most important tech giants but which has since fallen on hard times.
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The White House reportedly discussing taking a stake in Intel, sending shares climbing
By Clare Duffy, Phil Mattingly, CNN (CNN) — The Trump administration is reportedly considering having the US government take a stake in Intel, a company that was once one of America’s most important tech giants but which has since fallen on hard times.
The Trump administration is in talks with Intel to have the US government potentially take a stake in the chipmaker, Bloomberg News reported on Thursday, citing people familiar with the plan.
The Trump administration is reportedly in discussions to buy a stake in beleaguered chipmaker Intel to help shore up the company's delayed factory project in Ohio, according to people familiar with the plan.
The Trump administration is reportedly in talks to inject federal capital into Intel to boost U.S. semiconductor production and accelerate the company's delayed Ohio factory project.