White House's Hassett says government likely to continue taking stakes in companies similar to Intel deal

1. Trump announced a government stake in Intel worth $8.9 billion. 2. Investment includes funds from the CHIPS Act and secure chip programs. 3. The government aims to create a sovereign wealth fund with more corporate stakes. 4. Hassett emphasizes no operational interference with Intel's management. 5. Similar government interventions are not unprecedented in U.S. economic history.