US Department of Commerce advances the purchase of a 10% stake in Intel.

White House spokesperson Levi said on the 19th local time that the US Department of Commerce is still proceeding with the acquisition of 10% of Intel's shares by the US government, with Commerce Secretary Lutenik working on resolving details. Lutenik stated in an interview with the US Consumer News and Business Channel on the 19th that Intel must provide equity in exchange for federal subsidies. Earlier, it was reported by US media that the Trump administration is considering acquiring 10% of Intel's shares. According to White House officials and sources familiar with the matter, the government is considering converting Intel's approved federal subsidies into Intel's equity.