On the 25th, U.S. President Trump stated that he will reach agreements similar to the one with Intel with other companies.
He posted on the social media platform 'Truth Social,' saying: 'I would make such deals for our country all day long. I like seeing their stock prices go up, making America richer and richer. Creating more jobs for America!'
He pointed out that he will help companies that reach similar "lucrative" deals with U.S. states.
However, Trump did not disclose specific details.
On the 22nd of this month, the U.S. government purchased 9.9% of Intel’s common stock for $8.9 billion (about RM34.562 billion).
On the 25th, White House economic advisor Hassett said in an interview with CNBC that the federal government may take stakes in other American semiconductor companies, and might even venture into other sectors.
He said: 'I think this is a very, very special situation, because Intel is receiving huge funding from the CHIPS Act. The president (Trump) made it clear during the campaign that he hopes the U.S. can ultimately establish a sovereign wealth fund, which would be a good thing. I believe there will be more deals in the future, not necessarily in this industry, and possibly in others as well.'
Intel: Potential Impact on International Sales and Other Subsidies
On the 25th, Intel stated that the U.S. government’s holding of 9.9% of the company's shares may pose risks to its business, including potentially harming international sales and limiting its ability to obtain future government grants.
After the U.S. government decided to convert the grant into equity investment in Intel, the company disclosed new