Intel's actions can be sent to the US government. This is a strategic traffic on the chip market
This unofficial message caused an increase in the company's shares by almost 7 percent on the New York stock exchange on Thursday. On Friday morning, the values of Intel listed on the Frankfurt stock exchange increased by 3.6 percent.
According to Reuters, the potential investment of the government is aimed at supporting Intel's efforts to expand the national production of semiconductors, In particular in the planned production center in Ohio. This move is perceived as a strategic decision aimed at increasing national security and economic competitiveness by reducing dependence on foreign suppliers.
Talks about the potential participation of the US government were to gain pace after the meeting of President Intel, Lip-Bu Tana, with President Donald Trump, which took place only a few days after the president publicly called for his resignation in connection with earlier business connections with China. After the meeting, President Trump softened his rhetoric, describing the meeting as “very interesting”.
Reports of conversations appear at a time when Intel is struggling with challenges, including production delays and growing competition from companies such as Taiwan Semiconductor Manufacturing Company and Samsung. The company is working on reviving its production capacity and recovering the top technological position.
Reuters reports that these activities are in line with the wider goals of the Chips Act, which aims to revive the American semiconductor industry and reduce dependence on foreign supply chains, especially in the face of technological competition with China. Intel is seen as a key player in achieving the goals of the Act, aimed at restoring American technological leadership in the production of advanced chips.
