Fri, 15 Aug 2025
The reports emerged a day after a meeting between the Intel boss and Donald Trump.
* Shares in Intel rose by over 7% after reports that the Trump administration was considering taking a stake in the company.
* The reported deal would support Intel's plans to build a manufacturing hub in Ohio, and could provide the company with funding and government support.
* Tech analyst David Nicholson described the move as a "lifeline" for Intel, which has struggled in recent years after falling behind in the AI race.
* Intel's stock market value has halved to $104 billion since 2020, and the deal would signal a deeper intertwining of the US government and private businesses.
* The Trump administration is unlikely to take a majority stake in Intel, but rather just enough to have influence over the nation's primary chipmaking company.
* Analysts warn that backing Intel could be a high-risk move due to its falling behind rivals like TSMC and Samsung.
>>
Terms of Use | Privacy Policy | Manage Cookies+ | Ad Choices | Accessibility & CC | About | Newsletters | Transcripts
Business News Top © 2024-2025