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Trump Administration’s Intel Stake Plan Faces ‘Devil’s in Details’, As It Could Potentially Require Congressional Approval

Intel CEO and President Trump

There were reports about the Trump administration getting a stake in Intel, but little was discussed about whether the venture would require Congress’s approval. U.S. Government’s Potential Intel Stake Could Be Far More Complex, Likely Bringing Legal and Congressional Hurdles Intel has become a political issue now, especially after CEO Lip-Bu Tan met with President Trump a few days ago. After the meeting, it was reported that the government is looking to acquire a stake in Intel, which would be intended to fund domestic fab projects such as the Ohio facility. However, when the government decides to invest in a […]

Read full article at https://wccftech.com/trump-administrations-intel-stake-plan-faces-devil-in-details-as-it-could-potentially-require-congressional-approval/