The Trump administration is reportedly in discussions to buy a stake in beleaguered chipmaker Intel to help shore up the company’s delayed factory project in Ohio, according to people familiar with the plan.
Bloomberg reports that in a sign of the White House’s increasing willingness to intervene directly in key industries, the Trump administration is in talks with Intel about buying a stake in the struggling semiconductor giant. According to people familiar with the deliberations, the move aims to bolster Intel’s planned factory hub in Ohio, which has been repeatedly delayed.
The discussions follow a meeting this week between President Donald…
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