Commerce Secretary Howard Lutnick suggested that the federal government could receive a stake in struggling Intel in exchange for previously allocated federal funding. Some Republicans are saying it is a “step toward socialism,” while the idea was praised by Bernie Sanders.

President Donald Trump is pushing for the U.S. government to take a stake in Intel, less than two weeks after calling for the ouster of the Silicon

U.S. senator and frequent Trump critic Bernie Sanders has come out in support of his government taking a stake in chipmaker Intel in exchange for CHIPS Act grants. TaiwanPlus spoke to Stacy Rasgon, Managing Director and Senior Analyst at Bernstein Research,