Government intervention is “essential,” says the analyst

Government intervention in the fight against chipmaker Intel is “essential” in the name of National securityAnalyst Gil Luria said on Friday, following a report that Trump administration Weighed to take a stake in the company.

“We’re all capitalists,” said Luria, the head of technological research at DA Davidson, said in an interview with CNBC “Squawk boxS “” We do not want the government to intervene and own a private enterprise, but it is national security. “

Bloomberg On Thursday, the Trump administration was considering the US government to take a stake in Intel.

The news sent the shares of the chipmaker, and the shares closed nearly 3% higher Friday. Intel wrapped the week by 23%.

Intel, Intel declined to comment on the report.

Luria said, Taiwan Semiconductor Manufacturing Co. For the production of chips. President Donald Trump called to make more chips and technologies of high -end

How the White House can structure such intervention is still in question. Bloomberg announced on Friday that the administration had discussed the use of funds from ChipsS

Intel $ 7.9 billion by the Ministry of Trade through the Chip Act and he was awarded approximately $ 3 billion According to the Law on Chips for the Pentagon Protective enclave program.

“Intel has many opportunities for decades to get it right for decades and it’s not. So we have to intervene,” said Luria. “The government will come in and this will give Intel unjust advantages and if that will do so, it wants part of the business.”

Intel CEO LIP-BU TAN met with Trump In the White House on Monday, after the president called for his resignation on the basis of claims that he has ties with China.

Luria pointed OPENAI CEO Sam Altman and Meta The comments of CEO Mark Zuckerberg that the rise of Superintelligent AI may be “the next wave of nuclear distribution” as proof that direct intervention by the government is needed.

“We can’t rely on anyone else who makes shells for our nuclear arsenal,” Lyuria said. “We have to get better.”