Investing.com -- Intel (NASDAQ:INTC) shares surged 7% Thursday afternoon following a Bloomberg report that the Trump administration is discussing the possibility of the US government taking a stake in the chipmaker.
According to people familiar with the matter, the potential investment would help support Intel’s efforts to expand domestic semiconductor manufacturing, particularly its repeatedly delayed factory hub in Ohio. The company had previously announced plans to make the Ohio site the world’s largest chipmaking facility.
The discussions reportedly stem from a meeting this week between President Donald Trump and Intel CEO Lip-Bu Tan. While the talks are ongoing, the size of the potential government stake remains unclear, with sources indicating the US government would pay for the investment.
The reported talks come as Intel has faced significant challenges in recent years, including manufacturing delays and increased competition in the semiconductor market. The company has been working to revitalize its manufacturing capabilities and regain technological leadership.
The potential government investment would align with broader US efforts to strengthen domestic semiconductor production amid concerns about supply chain security and technological competition with China.
Related articles
Intel stock spikes after report of possible US government stake
Clients buying into summer rally, bracing for later pullback, says BofA's Hartnett
7 Undervalued Stocks on the Rise With 50%+ Upside Potential
View Comments
Intel stock spikes after report of possible US government stake
Published 2 months ago
Aug 14, 2025 at 8:17 PM
Positive
Auto