The U.S. government may take a stake in Intel
The U.S. government is in discussions about potentially taking a stake in the chipmaker Intel Corp. to help the company overcome its financial difficulties. While no final decision has been made, the talks are a consequence of a meeting between Intel's CEO Lip-Bu Tan and President Trump. The government's potential investment would be a first for Intel and could set a precedent for how the government interacts with private companies. The article also notes that the U.S. does not have a direct equivalent to the sovereign wealth funds that have previously invested in rival chipmakers like AMD. However, the Pentagon has taken a stake in a rare earth producer, which could serve as a model for the government's potential involvement with Intel. The article emphasizes that Intel's struggles are well-known, with the company facing layoffs and delays in its projects.
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