CNBC Daily Open: Under Trump, business and politics are becoming bedfellows

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Lip-Bu Tan, CEO of Intel, departs the White House successful Washington, DC, U.S., connected Monday, Aug. 11, 2025.

Alex Wroblewski | Bloomberg | Getty Images

Don't premix concern with pleasance — oregon the music of the spheres mightiness eject you from the skies adjacent if you are an astronomer — but it seems, successful the existent milieu, determination are nary specified restrictions betwixt concern and politics.

U.S. President Donald Trump's medication is eyeing a involvement successful struggling chipmaker Intel, according to a Bloomberg report connected Thursday. That information is chiefly attributable to Intel's presumption arsenic the lone born-and-bred American institution that tin manufacture the fastest chips connected U.S. soil.

While immoderate firms specified arsenic Taiwan Semiconductor Manufacturing Company and Samsung, some of which tin nutrient 3-nanometer chips — the astir precocious semiconductors truthful acold — person factories successful the U.S., they are Taiwanese and South Korean companies, respectively, and astir apt bash not bask pome pies connected the Fourth of July.

In operation with the quality that Nvidia and AMD volition wage the U.S. authorities a 15% stock of their revenue from spot income successful China, arsenic good arsenic Apple committing to marque much chips successful America, the Trump medication seems to beryllium consolidating a spot empire with the White House arsenic its capital.  

To modify a opus past heard by the Astronomer CEO earlier helium was formed down to Earth: "I utilized to regularisation the satellite / Chips would emergence erstwhile I gave the word."

— CNBC's Kif Leswing contributed to this report

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And finally...

US President Donald Trump (l) receives German Chancellor Friedrich Merz (CDU) successful beforehand of the White House.

Photo by Michael Kappeler/picture confederation via Getty Images

Germany’s Merz strikes crisp code with Europe arsenic helium cozies up to Trump

German Chancellor Friedrich Merz is looking to redefine Germany's dependable successful Europe and physique a narration with U.S. President Donald Trump — whom galore of Merz's European colleagues bash not spot oculus to oculus with.

The historically EU-friendly Merz, a erstwhile subordinate of the European Parliament, present has a agelong database of complaints astir the bloc.

— Sophie Kiderlin

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