Trump administration eyeing Chips Act funds for Intel stake, Bloomberg News reports

FILE PHOTO: Intel logo is seen near computer motherboard in this illustration created on January 8, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

(Reuters) -U.S. President Donald Trump's administration is eyeing Chips Act funds for Intel in exchange for a stake in the chipmaker, Bloomberg News reported on Friday.

(Reporting by Arsheeya Bajwa in Bengaluru; Editing by Arun Koyyur)

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