Intel stock climbs 7% on report Trump administration considering stake

Intel Stock increased by 7% on Thursday Bloomberg reported The Trump administration met with the chipset for the US government to receive shares in the fighting company.

Intel is the only US company with the ability to produce the fastest chips on the US coast, but competitors, including competitors Taiwan semiconductor production company And Samsung has US factories. President Donald Trump called for the production of more chips and high technology in the USA

According to the report, the government’s shares will help the finance of Intel’s factories currently built in Ohio.

At the beginning of this week, Intel CEO Lip-This Tan visited Tanp in the White House, a meeting that took place after asking the President’s allegations that he had ties with China.

Intel said Tan is deeply attached to the US’s national and economic security interests “. An Intel representative refused to comment on the government’s reports that the government intends to receive a share in the company.

“We are looking forward to continuing our work with the Trump administration to advance these common priorities, but we will not comment on rumors or speculation.” He said.

Since Tan did not get a significant share in the artificial intelligence chips of the chip manufacturer, he took over Intel earlier this year and was spending a great spending to build the Foundry business for other companies.

Intel’s Foundry has not yet secured a large customer, which will be a critical step in providing progress towards expansion and the confidence of other potential customers to return to Intel for manufacturing.

In July, Tan added that Intel canceled plans for production areas in Germany and Poland, and that it would slow down the development in Ohio and that the expenditures in the shredder would be examined closely.

Under Trump, the US government has been increasingly and more and more to put itself in the center of agreements in major industries. He said he would definitely get 15% last week Nvidia And Advanced Micro Devices Chip sales to China. The Pentagon acquired a share of $ 400 million from rare land mining MP MP materials. In addition, Nippon received a “gold sharing” at US Steel as part of an agreement to allow Nippon Steel to buy the US industrial giant.

Intel shares increased by 19% this year after losing 60% of its value in 2024, the worst year for the chipset.

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