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Bloomberg Tech

Trump Eyes Chips Act Funds for Intel Stake

Bloomberg Tech

Bloomberg

Tech News, News, Business News

4.470 Ratings

🗓️ 15 August 2025

⏱️ 46 minutes

🧾️ Download transcript

Summary

Bloomberg’s Caroline Hyde and Ed Ludlow discuss reports that the Trump administration is eyeing CHIPS Act funds in order to take a stake in Intel. Plus, Applied Materials shares plunge due to growing trade concerns between the US and China. And OpenAI Chairman and Sierra CEO Bret Taylor talks about the impact artificial intelligence is having on software and how the OpenAI board is approaching corporate restructuring.

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Transcript

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0:00.0

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0:08.6

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1:02.0

Bloomberg Audio Studios.

1:04.8

Podcasts, radio, news.

1:11.7

Bloomberg Tech is live from coast to coast with Caroline Hyde in New York and Ed Lovlo in

1:18.8

San Francisco.

1:23.2

This is Bloomberg Tech coming up.

1:25.7

The Trump administration is eyeing chipsack funds for a stake in Intel.

1:30.3

Plus supplied materials plunges due to growing trade concerns between the US and China.

1:35.3

And an in-depth interview with Open AI Chairman and Sierra CEO Brett Taylor.

1:41.3

That's later in the hour.

1:43.3

We go straight to the top story.

1:46.0

Bloomberg reporting the White House is considering tapping US Chiptack funds in an effort

1:51.0

to take a stake in American chip maker Intel, that's according to sources.

1:56.0

For more, Bloomberg's Joe Doe joins us.

...

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