Summary
The U.S. government is considering buying a 10% share of Intel, a major computer chip company. This action would be one of the biggest U.S. government investments in a private business since the 2008 auto industry bailout.
Key Facts
- The U.S. government might buy a 10% share in Intel.
- Intel is a company that makes computer chips.
- This would be one of the largest U.S. government investments in a private business since 2008.
- The 2008 reference is to the government bailout of U.S. auto companies.
- Amna Nawaz spoke with Peter Harrell from the Carnegie Endowment for Peace about this topic.
- Peter Harrell is a former economic advisor in the Biden administration.
