Overview

• The administration is in discussions with Intel over acquiring a stake to prop up its delayed Ohio semiconductor plant expansion.
• Officials have yet to settle on the size or terms of any federal investment in the struggling chipmaker.
• Intel’s stock jumped more than 7 percent on August 14 following Bloomberg’s report of potential government intervention.
• President Trump said he will announce new semiconductor tariff rates within the next two weeks and may exempt firms that commit to U.S. production.
• The talks underscore a novel industrial strategy that pairs trade pressure with direct support as Intel endures six consecutive quarterly losses and recent leadership turnover.