The Intel shares have risen 5.53% this Friday at Wall Street after the president of the United States, Donald Trump, confirmed that the company has accepted that the Government be done with a 10% participation in its capital. «They have agreed to do so and I think it is a great agreement for them«Trump explained to the press, in statements collected by 'CNBC'. The administration led by Donald Trump plans convert part or all subsidies granted by the company's law in the company's actions to reach 10%which is about 10,000 million dollars, according to current market prices. In total, it is estimated that Intel You will receive about 10.9 billion dollars In subsidies of the Chips Law, an amount that will be sufficient for the US government to execute its plan. «We should obtain a shareholding for our money. So we will deliver the money, which has already committed during the Biden administration. We will receive capital in return«said the Secretary of Commerce, Howard Lutnickthis same week. Last week the intentions of the US government were known for the first time, with a movement that intends Help the company in the face of the difficulties it is going through.
And although Intel is the only US company with the capacity to manufacture faster chips in US territory, the truth is that Rivals such as Taiwan Semiconductor Manufacturing Company and Samsung also have factories in the country.
The President Donald Trump has asked to manufacture more chips and high technology in the United Statesand hence the negotiation with the company for the acquisition of a participation, which would help finance the factories that Intel is currently building in Ohio. It should be remembered that contacts between the US and Intel government have intensified. Last week, The company's CEO, Lip-Bu Tan, visited Trump in the White House, A meeting that took place after the Republican had requested the resignation of so due to accusations of links with China.