The Trump administration is reportedly discussing the US holding Intel stock.

BlockBeats News, August 15th, according to sources familiar with the matter, the Trump administration is in talks with Intel (INTC.O) to have the U.S. government invest in the struggling chipmaker to help the company expand domestic manufacturing. This deal would help support Intel's factory center plans in Ohio.

Intel had previously pledged to turn the factory into the world's largest chip manufacturing plant, although this commitment has been repeatedly delayed. Sources said these plans stemmed from a meeting this week between Trump and Intel's CEO. The idea is for the U.S. government to pay for the stake, details are still being worked out, the plan is still uncertain, and the potential stake size is not yet clear.

As of the close on Wednesday, the stock has risen 11% year-to-date. (FX678)