While Intel says the government is making an “$8.9 billion investment in Intel common stock,” the administration does not appear to be committing new funds.

President Donald Trump announced that his administration will be conducting a "major tariff investigation on furniture," completed within 50 days. After that, Trump vows an undetermined tariff rate will be implemented on furniture coming into America.

The back-to-back news items signal a public and private sector commitment to domestic semiconductor production and underscore Intel's importance.

Trump has a newfound taste for state involvement in the private sector. It’s a palette Sanders has long enjoyed.