Intel might be going into business with an unlikely partner: the U.S. government.

According to Bloomberg, the Trump administration is in talks to get a stake in the chip manufacturer. The size of the stake is unclear, but it will reportedly support Intel’s planned Ohio manufacturing plant. The news follows a meeting at the White House between President Trump and Intel CEO Lip-Bu Tan on Monday, August 11.

Fast Company has reached out to Intel for comment and will update this post if we hear back.

Shares of Intel’s stock (NASDAQ: INTC) jumped 7.4% on Thursday after the news broke. It continued to trend........

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