Bessent says the US wouldn't use a rumored stake in Intel 'to drum up business'
1. US may take a 10% stake in Intel for $10.9 billion in grants. 2. Treasury Secretary emphasized no pressure on companies to buy Intel chips. 3. Concerns over dependency on Taiwan for chip manufacturing raised. 4. SoftBank announced a $2 billion investment in Intel recently. 5. White House aims for increased US semiconductor production.