Federal officials are considering the move because Intel, the last leading-edge chipmaker in the United States, has been struggling.

The Trump administration is in talks to take a 10% stake in Intel a report has stated.

The Trump administration is said to discuss taking a 10% stake in American chipmaker Intel, Bloomberg News reported on Monday, citing a White House official and other people familiar with the matter.

The Trump administration is in talks to take a 10 per cent stake in Intel by converting some or all of the struggling company's Chips Act grants into equity, Bloomberg News reported, citing a White House official and other people familiar with the matter.Shares of Intel fell about 3 per cent on Monday, after

News of the possible stake shook Wall Street, with Intel’s shares slipping 3.8 per cent on Monday.