President Trump announced this week that the U.S. government, in a highly unusual deal, had agreed to take a 10 percent stake in the chip maker Intel, and that he was considering similar investments in other companies. We discuss why Trump cares so much about Intel, what the government is trying to accomplish with this deal, and how people in Silicon Valley and elsewhere are reacting. Then Waymo’s co-chief executive Tekedra Mawakana joins us in the studio to discuss the company’s strategy for expanding its driverless car service to Miami, D.C. and the snowy Northeast. And finally, we introduce a new segment where we run through the most surprising technology projects the Trump family is getting involved in.

Guests:

• Tekedra Mawakana, co-chief executive of Waymo.

Additional Reading: 

• Intel Agrees to Sell U.S. a 10% Stake in Its Business
• First Lady Melania Trump Launches Nationwide Presidential AI Challenge

We want to hear from you. Email us at hardfork@nytimes.com. Find “Hard Fork” on YouTube and TikTok.

Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app.