U.S. government is reportedly in discussions to take stake in Intel

The U.S. government, under the Trump administration, is reportedly in talks to acquire a stake in semiconductor company Intel. This potential investment aims to support Intel’s expansion of its manufacturing capabilities within the United States. The discussions follow concerns raised by Republican Senator Tom Cotton regarding Intel board member Tan’s alleged connections to China, which prompted scrutiny from the administration. These developments come shortly after President Trump took unspecified actions related to Intel, possibly influenced by perceived conflicts of interest. A meeting between Intel and government officials intended to address these concerns reportedly led to the idea of the government taking a direct ownership position in the company. Further details from Intel have not been disclosed, and the situation remains evolving.