Contributor: Is Intel ‘investment’ Trump’s first step toward a U.S. sovereign wealth fund?

Contributor: Is Intel ‘investment’ Trump’s first step toward a U.S. sovereign wealth fund?

When President Trump announced in August that the federal government took an equity stake in Intel, he bragged that taxpayers had “paid zero” for part of a company now “worth $11 billion.” In reality, taxpayers paid plenty: $8.9 billion…

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https://www.latimes.com/opinion/story/2025-09-04/trump-intel-sovereign-wealth-fund