Bessent: Intel Stake Aimed at US Chip Production

Posted by:

Newsmax

Category:

Posted on:

August 19, 2025

media_148e081f0a1bd8ff41bd96ee2a631fd29a3f2674a

U.S. Treasury Secretary Scott Bessent Tuesday said any U.S. investment in Intel would be aimed at helping the troubled chipmaker stabilize, as Commerce Secretary Howard Lutnick said the government wanted equity stakes in exchange for its support of semiconductor…

About the Author

Read original article on Newsmax

Read More