- President Trump and Intel CEO Lip-Bu Tan could be in discussions about an appointment
- Intel shares rose 7% after the report
- Company’s $ 28 billion Ohio One Campus could take advantage of such investments
Trump -Administration is allegedly in conversations to take a share in the coated chipmaker Intel in his latest bid to increase the US presentation,
Reports from Bloomberg Claim after the recent meeting between President Trump and Intel CEO LIP-BU TAN-ET relationship that has been threatened after the president called on tan to resign alleged ties to China, lectures have been reported on an agreement.
A potential government investment may include equity efforts, guaranteed purchases, loans and private financing, corresponding to Pentagon’s recent $ 400 million share in MP materials recently brought the supply of a $ 150 million loan.
The US Government could buy a share in Intel
The news comes after a long period of uncertainty for Intel with several quarters of revenue.
However, things have already slowly begun to turn around where Intel sees a flat turnover year-over-year in its last quarter under the guidance of New CEO Lip-Bu Tan.
“We are laser-focused to strengthen our core product portfolio and our AI schedule to better serve customers. We also take the actions needed to build a more financially disciplined foundry,” he said.
Intel shares increased more than 7% after the report that the US government could become involved in Intel’s operations, but the agreement remains uncommon without any agreement that has yet reached.
The White House explained, “Discussion of hypothetical offers should be considered speculation unless officially advertised by the administration.”
Intel had already signed an agreement with AWS in September 2024 to accelerate the development of chip Manufacturing in Ohio, but progress has been slow.
As part of the agreement, AWS would add $ 7.8 billion to expand its own data center operations in central Ohio.
In February 2025, EVP, Chief Global Operations Officer and GM for Intel Foundry Manufacturing, Naga Chandrasekaran, said Intel expects the first of its two Ohio Fabs to begin operations between 2030 and 2031, the second coming online about a year later.
