Reported about 16 hours ago
Donald Trump and his team have unveiled intentions for the government to take a 10% stake in Intel, hinting at further investments in various sectors, including AI data centers, shipbuilding, and defense. Officials suggest these sectors may require government assistance due to their energy demands and regulatory hurdles. With mixed reactions from the business community and concerns over market distortions, Trump's approach is framed as a strategic intervention to increase government leverage over key industries.
Source: YAHOO