White House's Hassett says U.S. could take stakes in other industries-August 2024-www.financetom.com

White House's Hassett says U.S. could take stakes in other industries

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White House's Hassett says U.S. could take stakes in other industries

Aug 25, 2025 6:03 AM

WASHINGTON, Aug 25 (Reuters) - The federal government

could take stakes in other U.S. semiconductor companies or even

move to other industries, White House economic adviser Kevin

Hassett told CNBC in an interview on Monday following its stake

in Intel ( INTC ).

On the Intel ( INTC ) deal, National Economic Council director Kevin

Hassett said money from the CHIPS Act is going out as planned.

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