Mike Pence Urges Trump to Rethink Nvidia Deal, Equity Stake in Intel
Former US Vice President Mike Pence prior to a Bloomberg Television interview in Washington on Thursday.
Photographer: Stefani Reynolds/BloombergFormer Vice President Mike Pence expressed concerns about the US government taking an equity stake in Intel Corp. and a cut of Nvidia Corp.’s AI chip sales to China.
“This was not a strategy that we employed during the Trump-Pence years,” Pence said during an interview Thursday on Bloomberg Television’s Balance of Power. “I have great concerns about having the US government take a position in, with gold shares in Nippon Steel or just the latest discussions about taking a percent of Intel.”