Intel Corp INTC shares closed sharply higher Thursday following a Bloomberg report that the Trump administration is discussing taking a financial stake in the company. What To Know: Per Bloomberg, people familiar with the plan said the potential investment would help support the chipmaker’s efforts to expand domestic manufacturing, specifically its beleaguered factory hub project in Ohio. While the size of the government stake is not yet clear, the discussions reportedly originated in a meeting this week between President Donald Trump and Intel CEO Lip-Bu Tan. The news sent Intel shares climbing as high as 9% late Thursday. This development...