Taken from CNBC’s Daily Open, our international markets newsletter — Subscribe today
It's starting to feel like we're in a game of Pac-Man, in which the U.S. government is the eponymous hungry yellow blob furiously chomping on everything in sight.
The White House's 10% stake in Intel and revenue-sharing agreement with Nvidia and AMD look like they're just the start in a series of deals , as President Donald Trump promised. On Tuesday, Commerce Secretary Howard Lutnick told CNBC that the Pentagon is having "a monstrous discussion" over whether to acquire equity stakes in firms such as Lockheed Martin.
Likewise, Trump's early assaults on Federal Reserve Chair Jerome Powell turned out to be just his opening salvo on the central bank. On Monday night stateside,