10:59 AM EDT, 08/27/2025 (MT Newswires) -- (Updates with Nvidia's ( NVDA ) response in the fifth paragraph.)

A potential stake in Nvidia ( NVDA ) is "not on the table," US Treasury Secretary Scott Bessent said in an interview, Fox Business reported Wednesday.

"I don't think Nvidia ( NVDA ) needs financial support, so that seems not on the table right now," Bessent said in a televised interview with Fox Business.

Bessent added there could be other "critical" industries like shipbuilding where a potential stake by the US government could be a possibility.

On Friday, President Donald Trump said Intel ( INTC ) has agreed to provide a 10% stake to the US, worth about $10 billion.

An Nvidia ( NVDA ) spokesperson declined to comment when contacted by MT Newswires.

(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.)

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