US Treasury Secretary Scott Bessent on government’s plans to acquire Nvidia’s shares: ‘…there could be things like…’

US Treasury Secretary Scott Bessent has confirmed that the Trump administration is not planning to acquire a stake in Nvidia. While the government intends to invest in industrial companies, the decision to avoid a stake in the US-based chip giant aims to reduce uncertainty for investors, Bessant noted. The White House’s plan to take positions in private companies, a move previously seen with another chipmaker, Intel, has raised concerns among investors about potential share dilution. The policy has also caused discomfort among some of US President Donald Trump’s supporters, who oppose the idea of government investment in the private sector.

What Scott Bessent said about the government’s plan to acquire a stake in Nvidia