Intel stock rises on report Trump administration stake in chipmaker

Intel After noting that Bloomberg’s Trump administration would receive a shares of self -serving in the struggling of the US government, the stocks increased by about 6% on Friday.

Following the report, President Donald Trump said that the government should take about 10% of the company with a market value of more than $ 100 billion.

“They agreed to do this, and I think it’s a lot for them,” Trump said on Friday to the White House to journalists

The White House official told CNBC that there would be “ongoing discussions” with Intel, and he added that nothing has been decided yet and that Intel CEO Lip-This does not openly accept an agreement. President Trump and Tan will meet this afternoon.

Intel representative refused to comment.

The movement would mark the latest example of a distinct change in US industrial policy and the government would take an active role in corporate America. Trade Secretary Howard Lutnick told the CNBC that the US government was looking for a stock in Intel in exchange for the CHIPS law funds.

We must buy a stock boiler for our CNBC’s “Squawk on the street”. He continued: “Therefore, we will deliver the money already committed under the Biden administration. We will get equality in return for this.”

Lutnick said the government’s share would be “will not vote”.

At the beginning of this week, Intel announced another major supporter when Softbank told Softbank’s chipser that it would invest an investment of $ 2 billion equal to about 2% of the company.

Intel is the only American company that can make the most advanced chips on the US coast, although its technology is seen as a delay. Taiwan semiconductor production companyApple creates chips for companies such as Nvidia, Qualcomm, AMD and even Intel.

Intel spends billions of dollars to build a series of chip factories in Ohio, an area where the company previously called “Silicon Heartland”.

However, Tan said in a note to employees that there will be no more empty control ve and slowed down the construction of the Ohio factory complex depending on market conditions. Intel’s Ohio factory is now planned to be operational in 2030.

Intel said that it concluded a grant of approximately 8 billion dollars within the scope of the Cips and Science Law to finance the factory -creating plans last autumn. The Cips Law was adopted under Biden administration in 2022.

– David Sucherman from CNBC contributed to this report.

WRISTWATCH: President Trump said Intel should transfer 10% of the company to the government