Account

The Actual News

Just the Facts, from multiple news sources.

Trump administration wants government to have an equity stake in chipmaker Intel

Summary

The Trump administration is considering a proposal for the U.S. government to buy shares in Intel, a major chip-making company, which would make it a significant owner. This move is unusual because the government typically does not own parts of private companies.

Key Facts

  • The Trump administration is looking into buying equity (shares) in Intel.
  • This would make the U.S. government a major stakeholder in the company.
  • Intel is a major chipmaker, producing important components for electronics.
  • The arrangement is considered unusual for government practices.
  • The proposal was discussed on an NPR show with a Bloomberg reporter.

Source Information