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Secretary of Commerce Howard Lutno said on Tuesday that Intel Must give the US government stock company in return Chips are acting Funds.
“We need to get a stock for our money,” Lutnita said in Squawk on the street CNBC. “So, we will deliver the money that has already been made within the Biden administration. We will get back in return.”
Currency -to -Competition shares rose 7% on Tuesday, continuing to rally on recent reports The fact that Trump administration weighs different ways to participate in the company.
Bloomberg On Monday, the White House is discussing 10% of Intel shares in an agreement that the US government has become the largest shareholder.
Intel and Soft banks Monday announced that the Japanese conglomerate would make $ 2 billion investment The chip is a manufacturer. The investment equal to about 2% Intel is made by SoftBank the fifth largest shareholders, Facttset reports.
Lutnik said any potential agreement would not provide the government with voting or the right management in Intel.
“This is not the management, we just turn what was a grant in Biden into justice for the Trump administration, for the American people,” Lutnit said. “Not a vote.”
Intel refused to comment.
Lutnut also offered the president Donald Trump Can look for similar transactions with other recipients of chips.
Intel was awarded about $ 7.9 billion. Taiwan Semiconductor Manufacturing Co. In accordance with the legislation, $ 6.6 billion was sentenced for raising chips Arizon premises.
“The Biden Administration literally gave Intel for free and provided TSMC free of charge, and all these companies just give them money for free,” Lutnik said. “Donald Trump turns this into this, saying,” Hey, we want our own capital for money. If we’re going to give you money we want the stock. “
Trump has called for a more reshuffle of US production to reduce the country’s dependence on companies such as Samsung and TSMC for the production of chips.
Intel is fighting to use the boom of artificial intelligence in the advanced semiconductors and has largely spent to get up a production business that does not yet provide a significant client. Intel knocked on his lips to become his CEO In March After his predecessor Pat Helinger was suppress In December.
Tan met with Trump at the White House last week after the president called For resignation, claiming he had a connection with China.
5-day Intel schedule.
– KIF LESWING CNBC contributed to this report.
