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  • 4 months ago
U.S. chipmaker Intel is reportedly in talks with the U.S. government about taking a stake in their company, according to Bloomberg. Neither Intel nor Washington have confirmed the talks, which would reportedly help shore up the financially troubled chipmaker's planned facilities in Ohio.
Transcript
00:00U.S. chipmaker Intel is reportedly in talks with Washington about a possible government
00:04stake in the company. A Bloomberg report says the deal would help shore up Intel's planned
00:10complex in Ohio, which has repeatedly been delayed. The company has struggled financially
00:15in recent years, with a new CEO, Lit Butan, taking the helm in March. Intel shares closed
00:21up more than 7 percent on Thursday. The company refused to comment on the talks, while a White
00:25House spokesperson called discussion about any deals speculation.
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