05:45 PM EDT, 08/14/2025 (MT Newswires) -- The Trump administration is discussing a government stake in Intel ( INTC ) to support the chipmaker's delayed Ohio manufacturing facility, Bloomberg reported Thursday, citing people familiar with the matter.

The talks follow a meeting this week between President Donald Trump and Intel ( INTC ) Chief Executive Officer Lip-Bu Tan, the report said.

One proposal under consideration is for the government to pay for the stake, one of the people said, according to the report.

Intel ( INTC ) declined to comment on the discussions, though a representative said in a statement that the company is "deeply committed to supporting President Trump's efforts to strengthen US technology and manufacturing leadership," Bloomberg reported.

Intel ( INTC ) didn't immediately respond to a request for comment from MT Newswires.

Intel ( INTC ) shares rose 3.1% in after-hours trading.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources, but may include rumor and speculation. Accuracy is not guaranteed.)