Trump Administration Considers Stake In Intel

Intel's stock jumped 7% after reports that the Trump administration is considering taking a stake in the struggling chipmaker to support U.S.-based manufacturing. CNBC reports: Intel is the only U.S. company with the capability to manufacture the fastest chips on U.S. shores, although rivals including Taiwan Semiconductor Manufacturing Company and Samsung also have U.S. factories. President Donald Trump has called for more chips and high technology to be manufactured in the U.S. The government's stake would help fund factories that Intel is currently building in Ohio, according to the report.

Read more of this story at Slashdot.