The United States government in talks to receive the Inteller: Report | Technology news

Talks spoke about a stake that has not been revealed days after President Donald Trump called for the resignation of the CEO of Intel.

The administration of US President Donald Trump is in talks with Intel to make the United States government might carry a stake in the chips maker.

Intel shares increased by more than 7 percent in regular trading, then 2.6 percent after the bell on Thursday, after the initial report of Bloomberg News for the potential deal, which was martyred in people familiar with the plan.

It is not clear that the federal government will take, but Bloomberg stated that the deal would help “strengthen” a planned factory in Ohio delay.

The report said that the plan stems from this week’s meeting between Trump and the CEO of Intel Lips.

Trade Minister Howard Lottenic and Treasury Secretary Scott Besin also met.

“The meeting was very interesting,” Trump said at Trump Social on Monday, adding that members of the Council of Ministers and Tan will spend some time together and make suggestions for him next week.

The meeting came after Trump publicly demanded the resignation of Tan On his previous investments In Chinese technology companies, some are linked to the Chinese army.

Intel refused to comment on the report, but said it was deeply committed to supporting Trump’s efforts to enhance American technology and industrialization.

“The discussion on virtual deals should be considered speculation unless the administration officially announced,” said White House spokesman Kush Disi.

The details of the share and the price are still being discussed, according to the report.

Struggle works

Any agreement and cash end will help the efforts made for years on the wealth of the company. Once the leader is undisputed in the manufacture of chips, Intel has lost its position in recent years.

Chipmaker’s market value decreased to $ 104 billion from $ 288 billion in 2020.

Intel profit margins – once the industry is envied – are also about half of its historical levels.

Tan was assigned to retract years of mistakes that left Intel struggling to achieve successful artificial intelligence chips, dominated by NVIDIA, while the aspirations of manufacturing heavy investment contracts led to heavy losses.

Any agreement is likely to help build a planned chips in Ohio, Bloomberg said.

The planned INTEL manufacturing plants are delayed 28 billion dollars in Ohio, where the first unit is now determined to complete it in 2030 and operations to start between 2030 and 2031, prompting the timeline back for at least five years.

Getting a stake in Intel would represent a newer step by Trump, a Republican, to deepen the government’s participation in the American chips industry, which is seen as a vital security interest for the country.

Earlier this week, Trump concluded a deal with Nvidia To push the United States government to reduce its sales against the resumption of prohibited artificial intelligence chips to China.