Intel agreed to sell the US a 10 percent interest in the company, Donald Trump announced on Friday during a press conference.
The importance of the US is worth $ 10 billion, Trump said in the affirmative that the deal was ink after his conversations with Intel CEO Lip-Bu Tan.
Trump had previously called to Tan to resign and accused the CEO of having “concerning” ties with the Chinese communist party. During their meeting, the president claimed that Tan “was in line that he wanted to keep his job and he eventually gave us $ 10 billion for the United States.”
“I said,” I think it would be good to have the United States as your partner. ” He agreed to do it, “said Trump.”
Sources have suggested that trade secretary Howard Lutnick has insisted the idea of the US to buy great efforts in various chip makers such as Intel in exchange for access to Chips ACT financing that was already approved. Earlier this week, Senator Bernie Sanders (I-VT.) Falled the plan and noted that “as microchip companies make a profit of the generous fairs they receive from the federal government, the taxpayers of America are entitled to a reasonable return on that investment.”
However, Trump apparently does not intend to look for an interest in every company to which the US has assigned chips financing. Instead, he is probably planning to approach chip makers who will not be committed to increasing their investments in the US. A government official, anonymously speaking anonymously, said the Wall Street Journal on Friday, for example, that “the administration is not looking for equity in companies such as TSMC that increase their investments” in the US.
