WASHINGTON, Aug 27 (Reuters) - A U.S. stake in chipmaker
Nvidia ( NVDA ) is "not on the table" Treasury Secretary Scott
Bessent said on Wednesday.
"I don't think Nvidia ( NVDA ) needs financial support, so that seems
not on the table right now," he said in an interview on Fox
Business' "Mornings with Maria" program.
Bessent raised the possibility that the administration could
take stakes in other industries.
"Could there be other industries where that we're reshaping,
something like ship building? Sure, there could be things like
that," Bessent said.
The Trump administration last week announced a near-10%
stake in chipmaker Intel ( INTC ). It previously intervened to
complete the purchase of U.S. Steel by Japan's Nippon Steel in
June, taking what Trump called a "golden share" that gives
Washington say over its operations.