Bessent defends stake in Intel: Chips ‘strategic necessity’

bessent defends stake in intel: chips 'strategic necessity'

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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,” Bessent told Maria Bartiromo on Wednesday during an appearance on Fox Business’s “Mornings with Maria.” “One of the things we learned during COVID was that…

​Business, Administration, News, chips, Intel, intel deal, NVIDIA, stake  [unable to retrieve full-text content]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,” Bessent told Maria Bartiromo on Wednesday during an appearance on Fox Business’s “Mornings with Maria.” “One of the things we learned during COVID was that… 

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