Trump administration to discuss US taking stake in Intel | investingLive

,Lip-Bu Tan, Intel CEO, went into the meeting earlier this week with Trump trying to dissuade the Pres. from continuing to encourage him to resign for his connections to China. Bloomberg is now reporting that the Trump administration is to discuss a US stake in Intel. What a reversal.

Shares of Intel have moved higher on the news. There are currently up $1.48 or 6.53% at $23.67.

How far does the authority go?

Next?

Ownership of defense contractors.