Perhaps, the US government wants to implement Intel’s plan to create the world’s largest microchip center, repeatedly postponed due to the company’s financial difficulties.
The Donald Trump administration is talking to Intel about the possible acquisition of a part in the US government company, Bloomberg’s report, which refers to resources that are aware of the plan. Such a step will help implement plans for creating the world’s largest microchips center, which has repeatedly postponed due to Intel financial difficulties.
The discussions will be held following the President’s meeting at Intel Lip-Bu Tan. In the past, the public called Trump for his resignation because of the suspicions of the conflict of interests related to previous contacts with China. Just four days later, Trump examined his position and recognized the success of the Head of Intel after a personal meeting.
Intel, when the head of the industry, has lost positions and a part of the market in recent years. The delay in the construction of the plant in Ohio continues, and the project itself has been postponed in the 2030s. The new head of the company is dedicated to restoring financial stability, but prospects for attracting state investments can significantly change the situation.
Against Intel’s stock background on Thursday, almost 9% increased, completing an auction with a raised 7.4% and continued growth after the market closure. The White House said that before the official announcement, any assumption should be taken into account.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.