Trump Administration Eyes Federal Stake in Intel to Boost Chip Supply

The idea of the government taking an ownership stake in a major semiconductor firm is unprecedented in recent U.S. policy.

President Donald Trump. / Facebook

The White House confirmed Aug.19 that it is considering taking a direct equity stake in Intel as part of a broader plan to reshore semiconductor production and safeguard U.S. supply chains.

Press Secretary Karoline Leavitt said a 10 percent federal stake is under discussion in exchange for federal grants. “It’s a creative idea that has never been done before to ensure we are both reshoring these critical supply chains while also gaining something for the American taxpayer,” she told reporters here.

This post is for paying subscribers only

SUBSCRIBE NOW

Comments

This is a Premium Article, available exclusively to our subscribers.

Read 500+ such News or articles every month by subscribing today!
Monthly

Free

Limited Access

Limited View

Free weekly E-Paper

Subscribe Now
Monthly

$10

Full Access

Unlimited View

Free weekly E-Paper

Free daily newsletter

Subscribe Now
Annual

$50

Full Access

Unlimited View

Free weekly E-Paper

Free daily newsletter

Subscribe Now
Start the conversation

Become a member of New India Abroad to start commenting.

Sign Up Now

Already have an account? Login