White House's Hassett says U.S. could take stakes in other industries


White House National Economic Adviser Kevin Hassett gives a live television interview at the White House in Washington, D.C., U.S., August 6, 2025. REUTERS/Jonathan Ernst

WASHINGTON (Reuters) -The federal government could take stakes in other U.S. semiconductor companies or even move to other industries, White House economic adviser Kevin Hassett told CNBC in an interview on Monday following its stake in Intel.

On the Intel deal, National Economic Council director Kevin Hassett said money from the CHIPS Act is going out as planned.

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