The Trump administration is considering a government stake in Intel Corp. to support its delayed Ohio manufacturing hub. Talks are ongoing, and the stake size is unclear. President Trump and Intel CEO Lip-Bu Tan discussed a potential government investment. Intel’s Ohio project, once set to be the world’s largest chip facility, is now projected into the 2030s due to delays. Intel’s shares rose up to 8.9% to $24.20 following the news. This move would mirror past government equity stakes, like the Pentagon’s investment in MP Materials. Despite financial challenges, Intel is positioned to benefit from the 2022 Chips and Science Act.

Read more at Quiver Quantitative: Trump Administration Apparently in Talks to Take Stake in Intel