The United States government takes a 10 percent stake in Intel

President Donald Trump says that the United States government gets a 10 percent stake in Intel Maker. Trump shared the news through A press conference on FridayAlthough the official announcement is still coming, Reuters Reports. News plan to convert the financing of the pre -promised chips from Intel to royal rights in the company It was reported for the first time Earlier in August.

meeting Between Intel CEO LIP-BU Tan and Trump after the President Tan’s call for resignation The source of the deal appears. “He walked in his desire to keep his job and ended up giving us $ 10 billion to the United States. So we picked up 10 billion,” Trump said at the press conference.

Based on the current Intel share price, the 10 % share is worth about $ 10 billion, Reuters He says. It is important to note that the government that invests in Intel is not the same as receiving free money, it’s exactly the opposite. Also, the government’s share in Intel will be uncomfortable, according to Previous comments From US Minister of Trade Howard Lottenic.

She was supposed to receive Intel Up to 10.86 billion dollars In federal financing to expand the work of chips in the United States as part of the chips law. By agreeing to this deal, Tan is likely to try to make sure that the financing is still going through, one of several radical movements to keep the Intel standing on his feet. Tan assume The title of the CEO After Gilger Sudden retirement in 2024. Since his assumption, he is already committed Intel workforce cut 20 percent. Even with the low costs and guaranteed investment, the company’s future is still not sure: Intel is And according to what was struggled To make the chips of the tiger from the next generation on a large scale.

Trump administration says that He will not look for similar stock deals With other beneficiaries of financing the chips law. This did not prevent them from making other unprecedented financial arrangements. Nvidia and AMD According to what was mentioned, a deal with the United States government, which gives companies the ability to export products to China for 15 percent of its profits.