Government takes stake in Intel

abc15.com

The Trump administration has invested $10 billion for a 10% stake in Intel, a move sparking debate about federal intervention in free enterprise. This significant investment aims to bolster U.S. semiconductor manufacturing and reduce reliance on foreign suppliers, with major implications for Intel's operations in Arizona. Concerns exist about setting a precedent for government involvement in private companies, even as some hope for job growth in Arizona.


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