Trump thinks owning piece of Intel would be good deal for US: Here’s what to know

President Donald Trump wants the US government to own a piece of Intel, less than two weeks after demanding the Silicon Valley pioneer dump the CEO that was hired to turn around the slumping chipmaker.

If the goal is realised, the investment would deepen the Trump administration’s involvement in the computer industry as the president ramps up the pressure for more US companies to manufacture products domestically instead of relying on overseas suppliers.

What’s happening?

The Trump administration is in talks to secure a 10 per cent stake in Intel in…