U.s. Government Is Reportedly In Discussions To Take Stake In Intel

The Trump management continues to meddle pinch semiconductor elephantine Intel.

The U.S. authorities is reportedly successful discussions to return a a liking successful Intel, according to reporting from Bloomberg. This woody would beryllium system to thief nan institution grow its U.S. manufacturing efforts, including its much-delayed Ohio spot factory.

This news comes little than a week aft President Donald Trump insisted that Intel CEO Lip-Bu Tan resign because of perceived conflicts of interest. While Trump didn’t supply a reason, this came aft Republican U.S. Sen. Tom Cotton wrote to Intel’s committee asking astir Tan’s alleged ties to China.

Tan met pinch nan Trump management connected August 11 to quell nan administration’s fears and fig retired ways for nan institution to activity pinch nan government. This gathering is what sparked discussions of nan U.S. authorities taking a nonstop liking successful nan company, according to Bloomberg.

TechCrunch reached retired to Intel for much information.