\n<\/p>\n
The Trump administration continues to meddle with semiconductor giant Intel.<\/p>\n
The U.S. government is reportedly in discussions to take a stake in Intel, according to reporting from Bloomberg<\/a>. This deal would be structured to help the company expand its U.S. manufacturing efforts, including its much-delayed Ohio chip factory<\/a>.<\/p>\n This news comes less than a week after President Donald Trump insisted that Intel CEO Lip-Bu Tan resign<\/a> because of perceived conflicts of interest. While Trump didn\u2019t provide a reason, this came after Republican U.S. Sen. Tom Cotton wrote to Intel\u2019s board asking about Tan\u2019s alleged ties to China.<\/p>\n Tan met with the Trump administration on August 11<\/a> to quell the administration\u2019s fears and figure out ways for the company to work with the government. This meeting is what sparked discussions of the U.S. government taking a direct stake in the company, according to Bloomberg.<\/p>\n Intel declined to comment. <\/p>\n \u201cIntel is deeply committed to supporting President Trump\u2019s efforts to strengthen U.S. technology and manufacturing leadership,\u201d an Intel spokesperson said in a statement. \u201cWe look forward to continuing our work with the Trump Administration to advance these shared priorities, but we are not going to comment on rumors or speculation.\u201d<\/p>\n We\u2019re always looking to evolve, and by providing some insight into your perspective and feedback into TechCrunch and our coverage and events, you can help us! Fill out\u00a0<\/em>this survey<\/a><\/em>\u00a0to let us know how we\u2019re doing and get the chance to win a prize in return!<\/em><\/p>\n Techcrunch event<\/p>\n