“I paid zero for Intel, it is worth about $ 11 billion. Everything goes to the USA” – informed US President Donald Trump in an entry on the TruthSocial social network.
“Why are stupid people dissatisfied with this? I will conclude such contracts for our country all the time. I will also help those companies that conclude such lucrative contracts with the USA. I love to see how the prices of their shares go up, making the US getting richer getting richer” – we read in the entry.
“More jobs for America !!! who would not want to do such interests?” – emphasizes Trump.
Earlier on Monday, the head of economic advisers of the White House Kevin Hassett emphasized that Intel's decision is part of a wider strategy to create a state property fund that can include more companies.
On Friday, the White House announced that Intel agreed to sell a 10 % package to the US government. its shares, worth $ 8.9 billion The company's shares during the day increased by about 6 percent
Read also: The Trump administration is considering an unusual step. The government may become the largest shareholder of Intel
This is one of the greatest government interventions in an American company since the support of the automotive industry after the financial crisis of 2008.
Intel has contracts with the Pentagon and is the greatest beneficiary of subsidies due to megaust chips act, adopted as President Joe Biden, which was aimed at revitalizing American production of semiconductors.
