The Trump administration is reportedly in discussions to take a stake of about 10% in Intel Corp., according to a White House official and others familiar with the matter, as reported by Bloomberg News. The move could make the US government the beleaguered chipmaker’s largest shareholder. The federal government is considering a potential investment in Intel that would involve converting some or all of the company’s grants from the US CHIPS and Science Act into equity, according to people familiar with the matter who asked not to be identified because the information is confidential. Intel has been slated to receive a combined USD 10.9 billion in CHIPS Act grants for commercial and military production.