Uncle Sam to become Intel’s biggest shareholder

The Trump administration announced that it is taking a 10 per cent stake in troubled chipmaker Intel. It’s another interventionist move by the White House in less than a year since US President Donald Trump returned to office. What does it mean that the federal government is getting more involved in the free market? The FT’s Richard Waters and the American Enterprise Institute’s Michael Strain discuss. 

Mentioned in this podcast:

US to take 10% stake in troubled chipmaker Intel

Why Intel investors have embraced an interventionist White House

Trump’s Intel deal is a threat to US economic liberty

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Swamp Notes is Hosted by Marc Filippino and produced by Henry Larson. Our show is mixed by Sam Giovinco. The FT’s acting co-head of audio is Topher Forhecz. Special thanks to Pierre Nicholson. 

CREDIT: Howard Lutnick on X

Read a transcript of this episode on FT.com

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