Trump administration considering buying stake in Intel

The Trump administration may invest in Intel by acquiring a stake in the company. According to Bloomberg, negotiations are already underway, but the size and value of the potential deal have not yet been disclosed.

The main goal is to increase Intel's production capacity in the US and strengthen the country's position in the semiconductor industry. Sources emphasize that the situation is not yet final and may change.

Intel announced plans to build a chip factory in Ohio back in 2022, when Pat Gelsinger was at the helm. But the project has faced delays, and management recently announced it would slow down construction, scrap several international plans, and cut staff.

The potential government stake in Intel reflects Trump's shift in attitude toward the company. Just days ago, the president called for the resignation of the company's management over suspected ties to China. However, after meeting with current CEO Lip-Bu Tan, his rhetoric has shifted to a more favorable one.

In a statement to Bloomberg, an Intel representative emphasized that the company is "deeply committed to supporting President Trump's efforts to strengthen U.S. leadership in technology and manufacturing" and looks forward to continuing the collaboration, but declined to comment on unverified information.

Recall that recently, former Intel CEO Craig Barrett called for investing $40 billion in the company to save chip production in the US.