White House considers taking equity in semiconductor firms via a new sovereign wealth fund.

White House economic advisor Kevin Hassett suggests the U.S. government may take stakes in more companies, similar to its recent Intel investment, as part of a broader plan to establish a sovereign wealth fund. This move aims to invest in strategic industries to boost economic growth and national security. The government's shares would not come with voting rights, ensuring non-interference in company operations. This approach marks a significant shift towards increased federal intervention in the private sector.