In what appears to be evolving into an industry-wide phenomenon, the Trump administration is now reportedly looking into acquiring a stake not just in Intel but also in a number of semiconductor companies that are setting up a sizable manufacturing footprint in the US, including Micron, Samsung, and TSMC. As we’ve been noting over the past few days as each iterative development unfurls, the Trump administration is reportedly looking to acquire a 10 percent stake in Intel. To do so, the administration is purportedly planning to convert into equity the $7.9 billion in grants that the struggling semiconductor company received […]
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