The US government shouldn't buy into Intel

President Donald Trump‘s administration is becoming increasingly aggressive in attempting to rebuild the nation’s national security industrial base. In July, the Department of Defense took a $400 million financial position in MP Materials, a small American rare earths company.

Now, in a possibly even more transformative transaction, the Trump administration is holding internal discussions about taking a 10% equity stake in Intel Corp. If the administration were to move forward, the federal government would become one of Intel’s largest shareholders. The administration is debating whether to convert into a 10% equity stake, the monies given to Intel as part of the Chips and Science Act. A deal remains up in the air.