--The Trump administration is in talks to take a stake of about 10% in Intel, worth about $10.5 billion, Bloomberg reported, citing a White House official and other people familiar with the matter.
--The administration is considering an investment in the chipmaker that would involve converting some or all of the company's grants from the U.S. Chips and Science Act into equity, according to the people familiar with the matter, Bloomberg reported.
--Intel has been slated to receive a combined $10.9 billion in Chips Act grants for commercial and military production, the report said.
--White House spokesman Kush Desai declined to comment on the specifics of the discussions, and Intel didn't immediately respond to a request for comment, according to the report.
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