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Trump's administration may look to buy a stake in Intel

Intel has had some recent struggles in delivering results for its shareholders, but the company could soon be answering to an additional boss.

Since then, the project has faced delays, and at its latest quarterly earnings report, execs said Intel would " slow the pace" on the Ohio construction, as well as scrapping other international building plans and making workforce cuts. A few days after calling for his resignation over connections to China, President Donald Trump met with CEO Lip-Bu Tan and seemed to now hold a more positive outlook on the company leader. A representative from Intel told Bloomberg in a statement that the company is "deeply committed to supporting President Trump’s efforts to strengthen US technology and manufacturing leadership.

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