Conservative radio host Erick Erickson called the equity stake plan “terrible” and said it was “actual socialism happening by a Republican administration.”

President Donald Trump’s flirtation with the idea of the federal government acquiring a 10% stake in the United States computer design and manufacturing company Intel has rankled conservatives. The acquisition would represent one of the largest stakes in Intel,

Sen. Bernie Sanders (I-Vt.) voiced support Wednesday for the Trump administration’s plan to potentially take a stake in Intel, suggesting it aligned with an earlier effort to secure returns from CHIPS and Science Act investments.

The White House confirmed on Tuesday that the Trump administration is working on a deal that could see the US government taking a 10% stake in chip giant Intel. "The president wants to put America's needs first,

An Intel deal would be one of the largest government interventions in private industry since the U.S. auto industry's bailout under President Obama.