meta_pixel
Tapesearch Logo
Log in
The Fox News Rundown

Business Rundown: U.S. Government Takes 10 Percent Stake In Chipmaker Intel

The Fox News Rundown

FOX News Podcasts

Daily News, News, Politics

3.41.7K Ratings

🗓️ 25 August 2025

⏱️ 15 minutes

🧾️ Download transcript

Summary

Last Friday, President Trump announced a deal that would see the U.S. government take 10 percent equity in the chipmaker, Intel. Under the terms of the deal, the government will use nearly 9 billion dollars in federal grant money from the 2022 CHIPS Act to purchase this stake in the company. FOX Business correspondent Lydia Hu speaks with SlateStone Wealth partner and chief market strategist Kenny Polcari about this Intel deal and the market reaction to Fed Chair Powell last week. Photo Credit: AP Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

I'll now hand you over to my best man, Eddie.

0:04.0

Wow, wow, wow, second time's a charm, eh, Billy Boy?

0:09.0

Oh God.

0:10.0

Substitution, courtesy of Paddy Power, embarrassing Eddie, makes way for sensible Samuel.

0:15.0

Cool, that was close.

0:16.0

You might not always pick the right starter, but your sub can still deliver.

0:19.0

Because with Paddy's super sub, your bet rolls over to the player coming on.

0:22.4

Paddy Power.

0:23.3

Valid on selected leagues and markets only.

0:24.9

Pre-match and in-play bets on qualifying player outcome selections only.

0:27.3

T's and C exclusions apply.

0:28.6

18 plus scummelware.org.

0:29.7

I'm Lydia Who, and this is the Fox Business Rundown.

0:40.7

Monday, August 25th, 2025.

0:47.5

Last Friday, President Trump announced the U.S. government will take a 10% equity in chipmaker Intel.

0:48.7

Under the terms of the deal, the government will use nearly $9 billion in federal grant money

0:53.5

from the 2022 Chipsack

0:55.6

to purchase this stake in the company.

0:58.0

We as taxpayers should be able to benefit.

1:00.0

If this really takes off and Intel goes from $26 to $56,000, why shouldn't you and I as

1:05.8

taxpayers benefit from that since we gave them the money?

1:09.5

After questions surfaced about his foreign investments and ties to the Chinese military,

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from FOX News Podcasts, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of FOX News Podcasts and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.