White House mulls 10% stake in Intel after CEO meeting

The White House may be ready to take a 10% stake in Intel, fueling ongoing speculation an investment is being hammered out, according to Bloomberg. The move would shore up national security and advance more chipmaking in the U.S. vs. Asia and other nations. Intel's stock slipped on Monday but has gained 18% this year, with some of the advance being fueled by reports of a government investment first reported last week. Shares rose 24% for the week through last Friday, the best weekly performance since January 2000, as tracked by Dow Jones Market Data Group. The White House and Intel declined FO