The White House makes a play for Intel
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 15 August 2025
⏱️ 8 minutes
🧾️ Download transcript
Summary
President Trump reportedly has floated a plan that would have the U.S. government take partial control of Intel, the ailing chipmaking giant. We look at how a potential deal might shake out and what obstacles it could face. Then, on the other side of the Pacific, workers at Chinese AI companies are working long hours in the heated global AI race. And finally, the BBC’s Jane Chambers reports on the economic malaise in Bolivia that’s shaping this weekend’s elections.
Transcript
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| 1:01.0 | A proposal for the microchip giant Intel Corporation to become in part a state-owned entity. |
| 1:08.3 | I'm David Brancaccio in Los Angeles. Shares of Intel closed up more than 7% yesterday and |
| 1:14.0 | are up another 4% in early trading this morning. The jump and market valuation for the |
| 1:19.1 | beleaguered microchip company comes amid published reports. The Trump administration could buy up |
| 1:25.0 | a stake in the company. Marketplaces Nancy Marshall-Genzor is following this. |
| 1:29.6 | Last week, President Trump said Intel CEO Lip Bhutan should resign immediately. Trump met with |
| 1:36.1 | Tan this week. And now there are reports the administration is in talks with Intel about taking |
| 1:41.2 | a stake in the company. Intel has been struggling to compete with other chipmakers |
| 1:45.9 | like Nvidia. It's delayed the opening of a plant in Ohio. Bloomberg is reporting a deal for a government |
| 1:52.2 | stake would help Intel move that factory along. But there's no agreement yet, and it's not clear how |
| 1:57.9 | big the stake in Intel would be. Intel wouldn't confirm any deal to Bloomberg, |
| 2:02.6 | only saying it looks forward to continuing to work with the Trump administration. |
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