Trump ensures that the US government will buy 10% of Intel

President Donald Trump has announced the intention of the United States government to enter Intel with a 10% participation in the firm’s shareholders. This investment would be valued at about 10,000 million dollars. The agreement involves an unusual White House intervention in the private sector and seeks to prop up the historic semiconductor company, which is going through serious difficulties and according to the president, it may not be the only action of this type about companies that consider key.

The operation is part of the “Act” chips “US law designed to boost national microchips production and reduce Asian dependence. Intel was going to receive 10,000 million dollars in subsidies of this program to build new factories, but these funds will now be transformed into actions in the hands of the State and it is precisely what other important actors such as TSMC seems to like that is willing to return those investments.

Official sources clarified that participation will be without the right to vote, which means that The government cannot influence the daily decisions of the companyalthough a financial benefit and strategic role in the manufacturer’s recovery are ensured.

The state entrance adds to a previous injection of 2,000 million dollars of softbank, in what analysts see as an oxygen ball that could give Intel time to reorganize.

Beyond the business, the decision reflects Trump’s strategy to use industrial policy as a national security tool. In recent months, the White House has promoted agreements that link the government with companies of sectors considered strategic, from semiconductors to the rare minerals necessary for the energy transition.