Trump Administration Declares No Interest in Owning Nvidia Stakes - Shakes Tech Investment Landscape

Washington draws line in silicon sand—feds won't touch NVIDIA's golden shares.

The Policy Stand

Trump's team slammed the door on government ownership in the chip giant—no federal fingers in this particular pie. Doesn't mean they're ignoring tech dominance, just refusing to play shareholder.

Market Ripples

Traders leaned forward—any state stake would've twisted valuations into political puppets. Instead, private markets keep breathing without Uncle Sam's thumb on the scale. For now.

Because when governments invest, it's never about returns—it's about control wrapped in a dividend check.

Bessent says future equity deals may target other U.S. industries

Pressed by Bartiromo on whether Trump WOULD back a stake in Nvidia, Bessent made the administration’s position clear: “I don’t think Nvidia needs financial support. So, you know, that that seems not on the table right now.” But he didn’t rule out other industries.

“Could there be other industries where we’re reshaping—something like shipbuilding? Sure. There could be things like that. And these are critical industries that we have to be self-sufficient in the United States.”

Bessent didn’t try to sell it as just another industrial strategy. He tied it directly to national survival, saying the COVID-19 pandemic showed how fragile the U.S. was. He called the pandemic a “beta” test for a kinetic war, pointing to America’s DEEP reliance on foreign manufacturing.

“Think about it, 80-90% of the precursor pharma products are made overseas. And that’s just unacceptable,” Bessent said. “As we saw during COVID, the manufacturing countries will keep it for themselves.”

The Intel MOVE has already stirred up Republican backlash, with lawmakers split. Rep. Don Bacon, R-Neb., didn’t hold back: “The U.S. federal government should not be buying companies,” he told Fox News Digital.

Sen. Todd Young, R-Ind., one of the CHIPS Act’s lead sponsors, also criticized the strategy. “It was not the intent of the law, you know, an equity stake to be taken,” Young said. “But it was the intent to ensure that we enhance our economic security and national security, which is the objective that they are trying, that the administration is trying to advance.”

The smartest crypto minds already read our newsletter. Want in? Join them.