US Government Eyes Stake in Intel to Boost Chip Manufacturing

The U.S. government is reportedly exploring the option of taking a stake in Intel, a major player in the semiconductor industry. This initiative aims to bolster Intel's manufacturing capacity in the United States, focusing particularly on their delayed Ohio chip plant.

This development surfaces in the wake of President Donald Trump's criticism of Intel's CEO, Lip-Bu Tan, culminating in calls for his resignation over alleged conflicts of interest connected to China. Subsequently, Tan engaged with the Trump administration to mitigate these concerns and discuss potential collaboration, leading to the idea of government involvement.

Intel remains non-committal about the speculated government stake. "Intel is deeply committed to supporting U.S. technology and manufacturing prominence," stated a spokesperson, emphasizing their eagerness to continue partnering with the government on common goals, albeit steering clear of commenting on current speculations.

Such a stake acquisition by the U.S. government could significantly enhance Intel's capabilities in the domestic market, aligning with national interests in technological leadership.