Government’s Intel intervention is ‘essential,’ analyst says
A government intervention to the struggling chip manufacturer Intel Analyst Gil Luria said it was “necessary” for national security.
Da Davidson’s Technology Research President Luria, CNBC’nin “Squawk Box” in an interview with “We are all capitalist,” he said. “We do not want the government to intervene and have the private enterprise, but this national security.”
Bloomberg On Thursday, he said that the Trump administration was thinking of taking shares in the US government in Intel.
The news sent the shares of the chip producer higher and the stock climbed more than 6% on Friday. Intel shares have been on the road for more than 25 years for the best week.
Intel refused to comment on the report before.
Luria, to revive Intel and the country’s Samsung and Taiwan SemiLetken Production Inc. To produce chips. President Donald Trump asked for more chipset and high -level technology in the USA
It is still possible for the White House to configure such an intervention. Bloomberg reported that the administration had discussed using funds on Friday. Chips law.
Intel received 7.9 billion dollars from the Chips Law and was roughly given from the Chips Law 3 billion dollars In accordance with the Cips law for the Pentagon’s Secure Enclave program.
“Intel has many opportunities to do it right for decades. So we have to intervene.” He said. “The government will go in and will give Intel unfair advantages, and if he will do it, he wants a part of the work.”
Intel CEO Lip-This Tan met with Trump at the White House on Monday after asking the President to resign based on the allegations of the President that he had ties with China.
Luria, Openai CEO Sam Altman and Meta CEO Mark Zuckerberg’s comments that the rise of super -artificial intelligence may be “the next nuclear proliferation” as evidence that direct intervention by the government is necessary.
“We can’t trust someone else who makes shell cases for our nuclear arsenal.” He said. “We have to do it right.”
