The U.S. government is considering a plan to purchase a stake in Intel in a bid to speed up completion of the company's delayed semiconductor complex in Ohio, reports Bloomberg, citing sources familiar with the matter. If the plan comes to fruition, this could become a crucial instrument to put Intel in the foundry game with the right process technologies and enough capacity. The idea reportedly emerged after the meeting between President Donald Trump and Intel's chief executive, Lip-Bu Tan, earlier this week.
None of the parties has formally confirmed the plan, so take the information with a grain of salt.
