Trump Administration Considers Taking Stake in Intel, Boosting Shares
TL;DR Summary
The Trump administration is in talks with Intel to potentially take a stake in the company, aiming to bolster US semiconductor manufacturing and national security, amid Intel's struggles in AI chip competition and factory expansion. Intel's shares surged on the news, following discussions between Trump and Intel's CEO, with details still being negotiated.
- Trump weighs taking stake in Intel, Bloomberg News reports Reuters
- Trump Administration Said to Discuss Taking Stake in Intel Bloomberg.com
- CNBC Daily Open: The Trump administration's mixing business with politics to build a chip empire CNBC
- The White House reportedly discussing taking a stake in Intel, sending shares climbing CNN
- Intel Stock Jumps on Report U.S. Government Could Take a Stake in the Company Barron's
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