Trump Eyes Chips Act Funds for Intel Stake | Bloomberg Tech 8/15/2025
Bloomberg’s Caroline Hyde and Ed Ludlow discuss reports that the Trump administration is eyeing Chips Act funds in order to take a stake in Intel. Plus, Applied Materials shares plunge due to growing trade concerns between the US and China. And OpenAI Chairman of the Board and Sierra CEO Bret Taylor talks about the impact artificial intelligence is having on software and how the OpenAI board is approaching corporate restructuring. (Source: Bloomberg)
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