Week in Review | 8/31/25
The A.M. Update
Aaron McIntire
4.9 • 773 Ratings
🗓️ 31 August 2025
⏱️ 21 minutes
🔗️ Recording | iTunes | RSS
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Summary
This week’s A.M. Update: Week in Review dives into the Trump administration’s surprising move to take a 10% stake in Intel to secure domestic chip production, raising questions about government overreach. We also unpack Gavin Newsom’s shaky record as California’s governor and why it could haunt his 2028 ambitions. Plus, Taylor Swift and Travis Kelce’s engagement sparks debate on its cultural impact—could it boost marriage and birth rates? Tune in for sharp analysis and poll results.
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AM Update, Week in Review, Aaron McIntire, Intel, Trump administration, semiconductors, Gavin Newsom, California politics, Taylor Swift, Travis Kelce, marriage rates, pop culture, conservative commentary
Transcript
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| 0:00.0 | Welcome to the AM Update, week in review. |
| 0:05.0 | A collection of the best moments from Aaron McIntyre's morning update. |
| 0:10.5 | So late last week, he was announced. |
| 0:12.6 | Here is President Trump's announcement. |
| 0:14.6 | It's my great honor to report that the United States of America now fully owns and controls 10% of Intel, a great American company that has |
| 0:23.6 | an even more incredible future. |
| 0:25.4 | I negotiated the steel with Lip Bhutan, the highly respected chief executive officer of the |
| 0:31.1 | company, the United States, paid nothing for these shares, and the shares are now valued |
| 0:35.2 | at approximately $11 billion. This is a great deal for America |
| 0:38.7 | and also a great deal for Intel. Building leading edge semiconductors and chips, which is what |
| 0:44.4 | Intel does, is fundamental to the future of our nation, make America great again. So the United |
| 0:52.1 | States is now a 10% shareholder in Intel. Why? Why are we doing this? |
| 0:59.9 | I had the same question that a lot of people were asking. Heck, even Gavin Newsom hopped on this and |
| 1:06.4 | started making fun of Trump for being a communist. Gavin Newson did over the weekend. |
| 1:12.8 | A lot of people, why are we doing this? |
| 1:15.4 | This is the melding of big business and big government that sounds an awful lot like fascism. |
| 1:20.2 | And for one of the first times in this administration, I'm like, I got nothing. |
| 1:23.3 | I don't know what we're doing here. |
| 1:25.7 | Why it's necessary for the United States government to become a shareholder of Intel. |
| 1:31.7 | Well, after doing a little bit of reading on this issue, we are in a very difficult spot |
| 1:37.2 | when it comes to the issue of chipmaking and semiconductors. |
| 1:41.7 | Yes, invidia is an American company, but they do most of their manufacturing overseas. |
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