The White House may take a 10 % stake in Intel amid government investment talks

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The White House may be ready to take a file 10 % stake in IntelThe continuous speculation that is invested, according to Bloomberg.

This step will increase national security and take more chips in the United States against Asia and other countries.

index protection last Changing % Change
Intc Intel Corp. 23.66 -0.90

-3.66 %

Intel shares fell on Monday But it gained 18 % this year, with some of the progress fueled by reports of government investment mentioned for the first time last week. The shares increased by 24 % for the week until last Friday, which is the best weekly performance since January 2000, as followed by Dow Jones Market Data Group.

The White House and Intel rejected the Fox Business request for comment.

Trump is calling for Intel CEO to resign from the alleged Chinese company relations

The CEO of the CEO of Intel is the first president Donald Trump After Trump was angry, he urged him to resign from his relationships with China.

The president wrote on the social truth: “Intel CEO is very conflicting and must be resigned immediately. There is no other solution to this problem.”

President Donald Trump and CEO of Intel Lip-Bu Tan in the image of the screen divided.

President Donald Trump, left, and CEO of Intel Lip-Bu Tan. (Getty Images / Fox News)

In the following days, Tan defended himself in a letter to the employees, then met with Trump and his team at the White House, prompting the president to change his melody.

Lips-this Tan

Intel CEO Tan. (Businesswire/Intel)

“I met with Mr. Lip-Bu Tan, from Intel, alongside the Minister of Commerce, Howard Lutnick, and the Secretary of the Treasury.

During an interview with “Al -Sabah with Maria” by Fox Business Network last week, Bob Nardelle, former CEO of Chryler and Home Depot, established reports on a deal.

“I think another positive example of how President Trump is really refining the art of the deal. It is surprising what he did to reshape the global economy,” he said.

Intel has been pressured by shareholders due to its failure to secure a shift. At that time, the disturbances were charged with Patrick Gilger, who attended the speech of the former Federation of President Joe Biden in 2022, his job in December 2024.

The former CEO of Intel Pat Gelsiner will show President Biden

The CEO of then, CEO of Intel, at the time, Joe Biden, is a processor and semiconductor wizard during a tour of the Intel Okotilo campus in Chandler, Arizona, on March 20, 2024. (Brendan Smialowski / AFP via Getty Images / Getty Images)

The new CEO of Intel in charge of circumventing the chips giant

The chips maker was one of the largest beneficiaries of the Chips and Science Law. Intel 7.86 billion dollars from the Biden administration has received to help finance “semiconductor projects in Arizona, New Mexico, Ouhyu and Oregon,” according to the company. This number is less than a preliminary grant 8.5 billion of federal chips announced in March 2024.

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