Intel stock jumps on report Trump admin. is considering stake
00:00 Speaker A
The Trump administration is planning to take shares in Chipmaker Intel. This is going to Bloomberg News. According to the report, this agreement will help Intel support the factory center in Ohio. Remember this site once, the world had promised to turn it into the largest chip making facility. The size of this potential shares that the US will have is uncertain, but plans seem to be caused by a meeting this week, and is remembered among President Trump and Intel’s general manager. The US government’s ideas and details are solved. Caleb, fast and angry titles. The stock reacts about two percent during hours. What are you doing?
01:05 Caleb
Yes. Intel’s CEO has really changed for Putan, because it’s just a week, a week and a half ago.
01:16 Speaker A
Trump said he was outside. He wanted to evacuate. He called his head. Yes.
01:22 Caleb
Right. This is the depth of the management to the private sector, it does some of the most important things by entering some of the most important companies in the market. And for Intel, the truth is that they have more production base than all other chip manufacturers in the USA to produce too many chips here. And if we’re going to be a nation that produces a chip, we’ll need Intel. We will need upholstery. We will need all its factories to make as many chips as possible, and we will need all its factories everywhere. The fact that the United States can take a share, this is an interesting conflict of interest, but everything is interesting these days with this administration.
02:22 Speaker A
You know, reports that say it is fluent. We don’t seem to have much detail yet. So we will see how they were washed and working. Nevertheless, when we talk about Intel for a long time, Caleb, as a market observer for a long time, and there is this folded American company. But listen to this show, we talk about Nvidia and AMD, Broadcom and Micron, and you give your name. Intel is not discussed that much. Not in the bloodstream as before.
03:21 Caleb
Because he missed the undisputed AI chip. He’s caught, but he missed that Nvidia has been on it, the AMD continued, that many of these other chipset producers have invested and rewarded for dozens of and hundreds of billions of dollars for the last few years. So he missed it. Apple has lost a large customer to make his own chips and lost his unquestionable way for a while. However, if he invested, there is infrastructure in this country to produce too much chip. So far, there was no big customers for the documentary work he has invested a lot of money, and it had to be the future. Maybe that, if it’s true, it’il reverse things a little, but we’ve never mentioned Intel for a while. We’ve been talked about Cisco and Cisco’s program in the early hours. These are like a party, like 1999 again.
04:35 Speaker A
It looks like Intel’s rejection of discussions. The White House does not respond to the request for comment, but we will provide you with the titles as you arrive.
