The federal government could take stakes in other U.S. semiconductor companies or even move to other industries, White House economic adviser Kevin Hassett told CNBC in an interview on Monday following its stake in Intel.

The federal government could take stakes in other U.S. semiconductor companies or even move to other industries, White House economic adviser Kevin Hassett told CNBC in an interview on Monday following its stake in Intel.

White House economic advisor Kevin Hassett has said that the US government is looking at creating a sovereign wealth fund for facilitating acquisition of stakes in companies, like in the case of Intel,