The Trump administration continues to meddle with semiconductor giant Intel.
The U.S. government is reportedly in discussions to take a a stake in Intel, according to reporting from Bloomberg . This deal would be structured to help the company expand its U.S. manufacturing efforts, including its much-delayed Ohio chip factory .
This news comes less than a week after President Donald Trump insisted that Intel CEO Lip-Bu Tan resign because of perceived conflicts of interest. While Trump didn’t provide a reason, this came after Republican U.S. Sen. Tom Cotton wrote to Intel’s board asking about Tan’s alleged ties to China.
Tan met with the Trump administration on August 11 to quell the administration’s fears and figure out ways for the company to work with the government. This meeti