The White House has confirmed that the Trump administration is in talks with Intel about acquiring a stake of up to 10% in the chipmaker. "The president wants to put America's needs first, both from a national security and economic perspective," White House Press Secretary Karoline Leavitt confirmed on Tuesday after days of media speculation over a possible deal. Although it would be unusual for the US government to take a stake in such a large company, it would align with President Donald Trump's trend of intervening in the free market during his second term.