Intel posted a 25% jump in sales in its latest earnings report. The federal government’s roughly 10% stake in the chipmaker is now worth around $40 billion.
Part of the reason? U.S. security concerns.
The company reports on Wednesday.
Semiconductor company NVIDIA seems to be leading the race in hardware AI.
American policymakers are aiming to promote U.S. chip manufacturing while protecting national security, experts say.
The concern is the potential use of advanced technologies for military purposes.
The policy move increases tension over technology between the two counties.