Micron Stock Investors Are Worried About a Potential Trump Admin Investment. How Should You Play MU Here?

The government acquiring a stake in a private company is a rare occurrence in the United States. That is why the Trump administration's new 10% stake in chipmaker Intel (INTC) has been a hot topic of debate. While some have argued that such a move is akin to a socialist regime and not the free market-centric U.S., others have lauded the move, citing national security concerns.

Now, the government has set its sights on memory and storage solutions provider Micron Technology (MU). A beneficiary of the Biden-era CHIPS Act, Micron received subsidies worth $6.2 billion from the government last year to produce chips in the U.S. Well, President Donald Trump reckons that this funding should not be free, and the government should be allowed to wet its beak.