The US government is considering taking a stake in Intel

Sources tell Bloomberg that the discussion comes from President Donald Trump’s recent meeting with Intel CEO Lip Bu-Tan, which Trump called a “success.” It’s not clear how big the stake would be, but it could give Intel a much-needed lifeline as it lays off thousands and axes planned projects.

Source: The Verge

Leave a Reply

Your email address will not be published. Required fields are marked *