US not eyeing stake in Nvidia, Treasury Secretary Scott Bessent says

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Treasury Secretary Scott Bessent stated that a U.S. stake in Nvidia is unlikely as the company doesn't require financial support. While ruling out investment in Nvidia, Bessent suggested the administration might consider taking stakes in other industries like shipbuilding. This follows the Trump administration's recent actions, including acquiring a stake in Intel and intervening in the U.S. Steel acquisition.