The US government plans to take a 10 % stake in Intel

President Donald Trump told reporters on Friday that the US government is planning to take a 10 % stake in Intel. Bloomberg was the first to ReportingWhich pushed the shares of the semiconductor chips to the top of 7 %. Trump Intel said the proposal.

Intel refused to comment.

The news comes in a pivotal time – and recently volatile – for Intel. Lip -Tan CEO is currently restructuring the chips maker, closing some divisions and dropping workers in an attempt to focus on their basic work and catching competitors such as NVIDIA.

Earlier this month, Trump Tan pushed To resign Because of the conflicting interests. Tan later met with Trump to discover a way to relieve the president and know the company and the government to work together.

While speaking to the White House press group, Trump admitted to pay the resignation.

“I said well if this was true, he resigned and entered and saw me talked for a while. I loved him a lot,” Trump said, according to the comments via email from the Press Group. “I thought it was very good. I thought he was somewhat victim but you know that no one is a complete victim I think, and I said, you know what, I think the United States should be granted 10 % of Intel. He said, I will consider it.

Trump continued, “I said I think it would be good to have the United States as your partner.

This federal government ownership of a major company will indicate a great departure from the long -term American policy. Government stock shares in private companies are very rare in the United States and very controversial, with noticeable exceptions during the 2008-2009 financial crisis when the government seized temporary ownership shares in companies such as General Motors, AIG, and a few major banks to prevent economic collapse.

The government systematically sold these risks to private sector investors over the next few years.

The Intel deal, which is expected to be announced later on Friday, comes days after Softbank agreed to the Japanese bloc to make a 2 billion dollars investment In Intel. This deal was closed as a commitment to advanced technology and semi -conductors in the United States under this agreement, Softbank agreed to purchase Intel Common shares at $ 23 per share. Intel shares traded about $ 25 on Friday afternoon.

Techcrunch continues to the White House to comment.