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

News Snapshot:

In Brief The Trump administration continues to meddle with semiconductor giant Intel. The U.S. government is reportedly in discussions to take a a stake in Intel, according to reporting from Bloomberg. This deal would be structured to help the company expand its U.S. manufacturing efforts, including its much-delayed Ohio chip factory. This news comes less than a week after President Donald Trump insisted that Intel CEO Lip-Bu Tan resign because of perceived conflicts of interest. While Trump didn’t provide a reason, this came after Republican U.S. Sen. Tom Cotton wrote to Intel’s board asking about Tan’s alleged ties to China….

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