Intel says US govt stake could hurt sales, White House hints at more deals | Technology News

White House economic adviser Kevin Hassett says that the US could take stakes in other companies within the chip and AI industries.

The United States government’s 10 percent stake in Intel could harm international sales for the semiconductor chip giant.

The company said in a securities filing on Monday that the new agreement could limit its ability to secure future government grants as White House economic adviser Kevin Hassett said that the US could take an equity stake in other companies…