Intel Stock is climbing 7% of the Trump Administration Report, considering a bet

Intel Shares increased by 7% on Thursday after Bloomberg reported That the Trump administration is negotiating with the chipmator so that the US government can take part in the fight company.

Intel is the only American company with the ability to produce the faster chips on the US shores, although rivals including Taiwanese company for semiconductor production And Samsung also have American factories. President Donald Trump called for more chips and high technology to be produced

The government’s bet will help the factories to finance the factories that Intel is currently building in Ohio, according to the report.

Earlier this week, the CEO of Intel Lip-Bu Tan Visit Trump in the White HouseA meeting that took place after the president called for Tang’s resignation based on claims that he had ties with China.

At that time, Intel said Tan was “deeply engaged in progressing US national and economic security.” A representative of Intel declined to comment on reports that the government was considering taking a stake in the company.

“We look forward to continuing our work with the Trump administration to develop these shared priorities, but we will not comment on rumors or speculation,” the spokesman said.

Tan took Intel earlier this year after the chipmaker failed to acquire a significant share in artificial intelligence chips while he spent seriously about building his foundry business, which produces chips for other companies.

Intel’s foundry business has not yet provided a major customer who would be a critical step to moving on to expanding and providing other potential customers to turn to Intel for production.

In July, Tan said This Intel cancels its plans for manufacturing sites in Germany and Poland and will slow down the development in Ohio, adding that the cost of the chip mains will be carefully considered.

With Trump the US government has increasingly Move to place in the center of the transactions in large industries. Last week said it would take 15% of certain Nvidia and Dilated micro devices Sales of chips in China. The Pentagon bought a $ 400 million share in rare earthly materials for mining MP. He also took a “golden stake” in American steel as part of a deal to allow Nippon Steel to buy the US industrial giant.

Intel’s shares have already increased by 19% this year after losing 60% of their value in 2024, the oldest year of the chipmaker record.

Watch: Trump’s decision to allow chip sales in China is “reverse rate”