"Zero-Cost Purchase": Trump desires to create a US version of the "Sovereign Wealth Fund" by acquiring a 10% stake in Intel (INTC.US)

date
26/08/2025
According to the Zhtng Finance APP, Kevin Hassett, chairman of the National Economic Council of the United States, said in an interview on Monday that the US government's move to hold a 10% stake in Intel (INTC.US) could be the starting point for the formation of a US sovereign wealth fund. He expects that in the future, "at some point," there will be more similar transactions in the chip and other industries.