Republicans clash over Trump's Intel stake, with some calling it 'a step toward socialism'

Congressional Republicans are split on how they feel about the White House’s move to acquire equity in Intel. The Trump administration and chip manufacturer announced the deal last week, which will see the U.S. invest $8.9 billion in unpaid grants from the CHIPS and Science Act for a 10% stake in the company.The move caused a stir among some Republicans, including Sen. Todd Young, R-Ind., one of the architects of the CHIPS Act."It was not the intent of the law, you know, an equity stake to be taken," Young said. "But it was the intent to ensure that we enhance our economic security and nationa