Intel stocks rise by 7% on Trump’s administration report, given the share

Intel Shares on Thursday grew by 7% Bloomberg reported The fact that the Trump administration is negotiating with the manufacturer of chip to take the US government in a fighting company.

Intel is the only American company that has the opportunity to produce the fastest chips on US shores, though competitors, including Taiwanese semiconductor production company And Samsung also have US factories. President Donald Trump called for additional chips and high technology in the US

According to the report, the government share will help finance factories that Intel builds in Ohio.

Earlier this week CEO Intel Lip-Bu Tan visited Trump in the White HouseThe meeting that took place after the president called for Tan’s resignation on the allegations he was related to China.

At the time, Intel said Tan “deeply seeking to promote US national and economic interests.” Intel spokesman refused to comment on the reports that the government was considering the opportunity to take a share in the company.

“We look forward to continuing working with the Trump administration to promote these common priorities, but we are not going to comment on rumors and assumptions,” the press secretary said.

Tan took on Intel earlier this year after the product manufacturer did not receive a significant share in artificial intelligence chips, while he was a great waste on the construction of a foundry business that produces chips for other companies.

Intel’s foundry does not yet provide a major client, which will be the most important step in movement to expand and give other potential customers confidence to turn to Intel for production.

In July tang – Note This Intel canceled the plans of production sites in Germany and Poland, and slows down the development in Ohio, adding that the costs on the manufacturers of the chips would be carefully studied.

Under Trump’s government has a US increasingly moved to put himself in the center of transactions in large fields. Last week he said it would take 15% of certain Nvidia and Extended micro -device Sales of chips to China. The Pentagon bought $ 400 million in rare mp. He also occupied a “golden share” in the US as part of the transaction to allow Nippon Steel to buy an American industrial giant.

Currently, Intel shares have increased 19% after losing 60% of the cost in 2024, which is the worst year of records for chips.

See: Trump’s decision will allow selling china to China is a “return fare”