Chip in
🇺🇸 Chip in: The Trump team is weighing a plan to grab about a 10% stake in Intel by flipping CHIPS Act funds into shares. The goal: boost U.S. chipmaking and lean less on foreign suppliers, since Intel’s been lagging way behind. Markets did a double take, shares dipped on the news, then bounced after SoftBank swooped in with $2B.
Tags: flipping, Intel, lagging, team, U.S