Trump Administration Is Said to Discuss US Taking Stake in Intel
Source: Bloomberg News:
"The Trump administration is in talks with Intel Corp. to have the US government potentially take a stake in the beleaguered chipmaker, helping support the company’s effort to expand domestic manufacturing, according to people familiar with the plan.
The deal would help shore up Intel’s planned factory hub in Ohio, said the people, who asked not to be identified because the deliberations are private. The company had once promised to turn that site into the world’s largest chipmaking facility, though it’s been repeatedly delayed. The size of the potential stake isn’t clear.
The plans stem from a meeting this week between President Donald Trump and Intel Chief Executive Officer Lip-Bu Tan, the people said. The idea is for the US government to pay for the stake and details are being sorted out, one of the people said. Another cautioned that the plans remain fluid.
Intel declined to comment on discussions. In a statement, a representative said the company is “deeply committed to supporting President Trump’s efforts to strengthen US technology and manufacturing leadership.”
Read more: https://www.bloomberg.com/news/articles/2025-08-14/trump-administration-is-said-to-discuss-us-taking-stake-in-intel
This is NOT capitalism. It is what totalitarian governments do like China and Russia.
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