Former Republican presidential candidate Nikki Haley condemned the Trump administration’s decision to take a 10 percent stake in Intel.

“Biden was wrong to subsidize the private sector with the Chips Act using our tax dollars. The counter to Biden is not to lean in and have govt own part of Intel,” Haley, who was the UN ambassador during President Trump’s first term, said in a Saturday post on social platform X. “This will only lead to more government subsidies and less productivity. Intel will become a test case of what not to do.”

The president confirmed the deal between........

© The Hill