The Trump administration is weighing whether to buy a 10 percent stake in Intel, effectively nationalizing a portion of the U.S. chip giant. Observers already call the proposal “another dive into corporate statism,” reigniting debate over how far Washington should reach into private industry.

The University of Chicago has secured a federal grant aimed at expanding America’s semiconductor production. The award comes only weeks after President Donald Trump threatened a 100 percent tariff on imported computer chips—a move that could raise the cost of everything from smartphones to sedans while pressing manufacturers to build at home.

The Trump administration has initiated investigations into the importation of pharmaceuticals and semiconductors, aiming to impose tariffs on these sectors due to national security concerns. Notices released in the Federal Register outline a 21-day public comment period, signaling potential changes in trade policy affecting critical industries.