Bessent defends stake in Intel: Chips ‘strategic necessity’

  • Posted on August 27, 2025
  • By The Hill
  • 2 Views
Bessent defends stake in Intel: Chips ‘strategic necessity’

Treasury Secretary Scott Bessent defended the U.S. taking a 10 percent stake in Intel amid concerns about government interference in the free market. “Chips are a strategic necessity for us,” Besse…
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