The American Senator Bernie Sanders (I-VT) was The political enemy has long been President Donald Trump. However, in the development of a political conspiracy, Sanders, who is progressive, lined up behind his enemy Plans To convert semiconductor subsidies with millions of dollars to government shares in private companies.
The unlikely-democratic, self-described duo socialist From Vermont and the Republican President full of popularity-now they agree on a single shift in American industrial policy: if the government will hand over billions, taxpayers must own a portion of the pie.
“If the micro -chips companies make a profit from the generous grants they receive from the federal government, the American taxpayers have a right to a reasonable return on this investment,” luck.
The topic of this unprecedented rapprochement is IntelDetailing chips, who received $ 10.9 billion Under the Freedom and Science Law 2022. The injection was part of a broader support of $ 39 billion designed to attract semiconductor production away from Asia. The Trump administration is now pushing to exchange some of these grants to the dangers of government ownership, which rocked the markets and sent Intel shares decreased by 6 % since the announcement.
Intel He refused to comment.
Strange Barash
He said the idea was Sanders in the first place.
Sanders has long criticized the chips law as companies’ care for some of the most profitable technology companies in the world. Once again in 2022, he and Senator Elizabeth Warren suggested. amendment The Treasury demands to take orders, property rights shares, or senior debts whenever federal funds go to private chips. However, this amendment failed.
Now, three years later, Trump revives the idea, and clashes Sanders.
“I am happy that the Trump administration is consistent with the amendment it offered three years ago,” Sanders said. “Tax motivations should not provide billions of dollars in corporate care for large and profitable companies such as Intel without getting anything in return.”
For Trump, this step represents a dramatic embrace State intervention in the private sectorThe tactic was increasingly inclined in its second term. This month, Trump called for the lips of Intel CEO resignation On previous relationships with Chinese companies. Earlier this year, the administration struck a deal Allowing Nafidia And AMD selling artificial intelligence chips to China against Washington puts 15 % of revenues.
It is an economic strategy that is somewhat similar to Rixieji and more than a mix between populism and state capitalism. In this case, Trump and Sanders are suitable representatives of integration camps.
The White House did not respond wealth Request to comment via the journalism time.
Markets apostasy
Investors are not happy with this new strategy, as they are punished with Intel shares given the uncertainty about the ownership of the government. Intel was already seeking special capital batches – including $ 2 billion injection From the Japanese SoftBank this month – to support its public budget.
The Ministry of Commerce, led by Minister Howard Lottenic, is still reviewing how the plan is implementing, According to To Reuters. But optics are clear: It seems that the United States is no longer satisfied with supporting the manufacture of semiconductors without continuous chains.
For Sanders, it is health verification; For Trump, it is a new strategy. But for Intel, which was one day the undisputed king, it is another touch in Actually turbulent year.
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