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Trump Administration Considers Stake In Intel


Intel's stock jumped 7% after reports that the Trump administration is considering taking a stake in the struggling chipmaker to support U.S.-based manufacturing. CNBC reports: Intel is the only U.S. company with the capability to manufacture the fastest chips on U.S. shores, although rivals includ...

Intel's stock jumped 7% after reports that the Trump administration is considering taking a stake in the struggling chipmaker to support U.S.-based manufacturing. President Donald Trump has called for more chips and high technology to be manufactured in the U.S. The government's stake would help fund factories that Intel is currently building in Ohio, according to the report.

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