President Donald Trump’s flirtation with the idea of the federal government acquiring a 10% stake in the United States computer design and manufacturing company Intel has rankled conservatives.
The acquisition would represent one of the largest stakes in Intel, one of only a couple of U.S. companies with the capacity to produce critical semiconductors. However, conservative critics are concerned that it could result in “a slippery slope” for Trump to partly nationalize other companies, with speculation that companies that received the same government grant as Intel could come under similar pressure.
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