A U.S. stake in chipmaker Nvidia is “not on the desk” Treasury Secretary Scott Bessent stated on Wednesday.
“I do not suppose Nvidia wants monetary help, in order that appears not on the desk proper now,” he stated in an interview on Fox Enterprise’ “Mornings with Maria” program.
Bessent raised the chance that the administration might take stakes in different industries.
“Might there be different industries the place that we’re reshaping, one thing like ship constructing? Certain, there might be issues like that,” Bessent stated.
The Trump administration final week introduced a near-10% stake in chipmaker Intel. It beforehand intervened to finish the acquisition of U.S. Metal by Japan’s Nippon Metal in June, taking what Trump referred to as a “golden share” that provides Washington say over its operations.
