Intel might be going into business with an unlikely partner: the U.S. government.

According to Bloomberg, the Trump administration is in talks to get a stake in the chip manufacturer. The size of the stake is unclear, but it will reportedly support Intel’s planned Ohio manufacturing plant. The news follows a meeting at the White House between President Trump and Intel CEO Lip-Bu Tan on Monday, August 11.

Fast Company has reached out to Intel for comment and will update this post if we hear back.

Shares of Intel’s stock (NASDAQ: INTC) jumped 7.4% on Thursday after the news broke. It continued to trend upward through after-hours and into premarket trading on Friday.

If true, Intel would follow in the steps of its fellow tech giants Nvidia and AMD in becoming bedfellows with the Trump adm

See Full Page