Mixing Trump’s business with a policy to build a chip empire

Do not mix the business with pleasure – or Spheres can throw you out of the sky even if you are Astronomer – But it seems that there are no such restrictions between business and politics in the current environment.

US President Donald Trump’s administration is looking at a part of the Intel chipmaker, according to a Bloomberg report Thursday. This consideration is mainly due to Intel status as the only American company born and grown that can produce the fastest chips on American soil.

While some companies, such as a semiconductor production company in Taiwan and Samsung, both can produce 3-nanomed chips-the most modern semiconductors so far-have factories in the United States, they are respectively Taiwanese and South Korean companies.

Combined with the news that NVIDIA and AMD will pay the US government a 15% share of their revenue By sales of chips in China as well as Apple engaging to make more chips in AmericaThe Trump administration seems to consolidate the White House Chip Empire as its capital.

To change a song that was last heard by Astronomer’s CEO before he was thrown to the ground: “I used to manage the world / chips will rise when I gave the floor.”

– CNBC’s KIF Leswing contributed to this report

The Trump administration is reported is considering a share in Intel. The chipmaker is the only American company that can Producing the most modern semiconducts in America. Intel’s The shares increased by 7.4%after Bloomberg reported the news.

Wholesale prices in the US are heated. Thehe July Price Index for July increased by 0.9% A month higher than Dow Jones’ estimate for a profit of 0.2%. It was the largest monthly growth since 2022. The annual figure came to 3.3%, the highest since February.

Fed’s potential chairman David Zervos supports an aggressive speed reduction. Jefferies’s main market strategist told CNBC that the wholesale prices respond in July should not deter the central bank to reduce its “restrictive” monetary policy with 50 basic pointsS

American stocks Flirt with the flat line. Thehe S&P 500’s Burest 0.03% profit, however, means that closed on another peak Thursday. Pan -European Stox 600 Index Add 0.55%S Meanwhile, the UK economy has expanded from the better expected 0.3% in the second quarterS

(Pro) European defense stocks will benefit from a meeting of Trump Putin. Whether the conversations lead to any breakthroughs in the war in Ukraine, analysts believe it is Situation “Winning” for Defense StocksS

Putin vs Trump? Calls in Ukraine can be a status test

Russian President Vladimir Putin in the west may be quite low, but he is a qualified and experienced statesman who should not be underestimated, analysts say – and he will probably seek to surpass his experienced counterpart in the United States when leaders meet in Alaska on Friday.

“Let’s be clear, Putin does not take Trump seriously,” said Tina Fordham, founder of Fordham Global Foresight, in front of CNBC before the conversations.

– Holly Els