US Government Considers Equity Stake in Intel Amid Nationalization Concerns
The Trump administration is actively exploring the possibility of taking a 10% equity stake in chipmaker Intel, following its discussions surrounding the CHIPS Act funding. Sources indicate that the administration is considering this stake as a means to bolster domestic chip production, with Commerce Secretary Lutnick stating that Intel must provide an equity stake in return for government support. Amidst rising Intel stock prices, there are concerns about potential nationalization, with varying opinions on the implications of such government involvement in the tech sector. The White House has confirmed these discussions and emphasized that the stake would likely be non-voting. Industry analysts debate the benefits and risks of this move, suggesting it could either stabilize Intel or create further complications in the tech market.
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