In the past, the federal government has taken stakes in American companies during wars or economic crises. But now the government’s motivation has more to do with the race for AI chips and technology.
Intel
Posted inNPR
Intel will give the U.S. government a 10% stake, Trump says
The president’s highly unusual announcement underscores the Trump administration’s desire to take control over U.S. businesses.
Posted inNPR
Biden is giving Intel $8.5 billion for big semiconductor projects in 4 states
President Biden was in the battleground state of Arizona to make the biggest announcement yet in his plan to bring semiconductor manufacturing back to America.
