Donald Trump is getting the US government into the computer chip business.
He announced on Friday that the federal government is acquiring a 10% stake in Intel, the Fortune 500 company that is one of the largest American manufacturers of semiconductors. And he hinted that the US might not be done adding to its stock portfolio.
www.bbc.com
He announced on Friday that the federal government is acquiring a 10% stake in Intel, the Fortune 500 company that is one of the largest American manufacturers of semiconductors. And he hinted that the US might not be done adding to its stock portfolio.
Trump’s brand of US capitalism faces ‘socialist’ backlash from conservatives
The government's stake in the computer chip maker is not without precedent, but it puts Trump at odds with some conservatives.
www.bbc.com