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US not eyeing stake in Nvidia, Treasury Secretary Bessent says
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US not eyeing stake in Nvidia, Treasury Secretary Bessent says
Aug 27, 2025 5:44 AM

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.

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