Trump's administration may look to buy a stake in Intel

The Trump administration is reportedly in talks to acquire a stake in the chipmaker Intel. While the details of the potential stake, such as its size and value, have not been disclosed, the focus appears to be on increasing Intel's manufacturing footprint in the US. This move comes as Intel has faced recent struggles in delivering results for its shareholders, with delays in the construction of a semiconductor facility in Ohio and plans to slow the pace of other international building projects and make workforce cuts. The potential government ownership of Intel is the latest development in the administration's changing attitude towards the company. After previously calling for the resignation of Intel's CEO Lip-Bu Tan over connections to China, the president has since met with him and expressed a more positive outlook on the company's leadership. Intel has stated that it is "deeply committed to supporting President Trump's efforts to strengthen US technology and manufacturing leadership" but has declined to comment on the rumors or speculation surrounding the potential government stake.