Tengler: Let the Private Sector Fix This
Earnings season highlighted the strength of U.S. companies: margin gains, AI-driven productivity, and management teams that continue to adapt to tariffs and supply chains.
At the same time, Washington is considering a 10% stake in Intel by converting $8 billion from the CHIPS Act. The move is framed as a way to boost domestic chipmaking, compete in AI, and reduce reliance on foreign suppliers. But Intel has fallen behind technologically, and history shows government ownership rarely drives innovation. As Nancy Tengler weighed in on the decision on Fox Business this week.
“Let the private sector fix this,” she said. “I’ve never seen the governernment make a savvy investment when they get involved in the private sector.”