Intel shares are increasing according to the Trump administration administration report at the chips manufacturer

Intel The shares rose approximately 6% on Friday after Bloomberg reported that Trump administration was ready to say that the US government would take a shares in combating the chip manufacturer.

After the report, President Donald Trump He said the government should get about 10% of the company that has a market restriction of just over $ 100 billion.

“They agreed to do it and I think it’s a lot to them,” Trump told reporters on Friday at the White House

The White House official said CNBC that there would be “permanent discussions” from Intel, adding that nothing has been resolved, and that Intel Lip-Bu Tan did not agree on the transaction. President Trump and Tan will meet later this afternoon today.

Intel’s representative refused to comment.

This step will mean the last example of a clear shift in the US industrial policy, and the government is actively role in corporate America. Secretary of Commerce Howard Lutno said CNBC this week What the US government is looking for a share of Intel shares in exchange for ACT CHIPS.

“We have to get stocks for our money,” Lutnita said at CNBC “Shkvak on the street“” So we will deliver the money that has already been made within the Biden administration. We will get capital in return for it. “

Lutnik said the government’s share would be “unrestrained”.

Earlier this week, Intel announced another major fan when SoftBank said he was a $ 2 billion in investment in the chips equal to about 2% of the company.

Intel is the only American company Taiwanese semiconductor production companyWhat does chips for companies including Apple, Nvidia, Qualcomm, AMD and even Intel.

Intel spends billions of dollars on the creation of a number of physics in Ohio, an area that the company previously called “Silicon Heartland”, where Intel will be able to produce the latest chips, including for AI.

But in July, Tang stated that in the note to the employees that “there would be no more empty checks” and that he slows down the construction of his Ohio factory, depending on the market conditions. The Ohio Intel plant is planned to start operations in 2030.

Intel said last fall that it was valid A grant is nearly $ 8 billion in accordance with the law on chips and science to finance the plant construction plans. The law on chips was adopted in 2022 under the Biden administration.

– David Suchaman CNBC contributed to this report.

See: President Trump states that Intel must transfer 10% of the government company