Aug 14 - Trump administration in talks to take Intel stake, reports say

The U.S. government has been holding discussions on taking an equity stake in the chip maker Intel, Bloomberg and the Wall Street Journal reported on Thursday.

Why it matters: A deal would be another turn by the Trump administration away from laissez-faire policies and toward state capitalism, as it seeks to bolster the domestic fabrication of semiconductors.
The big picture: Intel's planned $20 billion semiconductor plant in Ohio has been repeatedly delayed, and a major government investment could provide a needed boost, Bloomberg noted. Taking a stake would echo previous moves by the administration.

The U.S. government took a "golden share" to allow Nippon Steel to acquire U.S. Steel.
The U.S. Department of Defense is buying $400 million in preferred shares in MP Materials, a miner of raw earth minerals.
Zoom out: The reports of talks come just days after Intel CEO Lip-Bu Tan met with President Trump, Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick at the White House.

Last week, Trump had called for Tan to resign, citing what he said were ties to China.
Other countries have stakes in companies they consider to be of national importance. The biggest shareholder in Taiwan Semiconductor Manufacturing, for example, is Taiwan's sovereign wealth fund, which has a 6.4% stake.

By the numbers: Shares of Intel surged after the initial Bloomberg report.
The stock rose more than 7% in regular trading and gained another 3% in after-hours trading.
The surge added more than $7 billion to the company's market capitalization.

↪ https://www.axios.com/202 .. -semiconductor

+3   

But but but the Chinese communist party, I would gladly turn my data over to Xi Jinping compared to the cretins and ghouls Trump aligns with

+6   

is trump strong arming these corporations?

7 days ago he was calling for his to resign


has a meeting with him



and he wants a stake in the company like he did with Nippon Steel

+1   

If they can turn a profit, seems like a great idea
Just like taxing nvidea for their Chinese sales

Imo, being more money to country

Unfortunately the money is just going to give tax cuts to the megacorps but the method is nice lol

+2   

1st is this legal?

2nd is this growing the size of government?

how do you take extra profits from a private company?

+8   

Legal? With current admin?

Trump running the gauntlet on all of America and we gonna focus on this outside of all the savage he is doing to working class people?

Yaaa put this bottom of the tier imo lol

If we gonna let a fascist level leadership run rampant try and squeeze some good?

+4   

this is wild to me that that he's making these deals

companies must really be afraid of retaliation

+5   

Fannie Mae ?

the rumor...

+2   

Nope both r just as bad. The Chinese r already buying everything they can and then trying to rent it back to us they r also buying so much farm land and not selling the food back to us

+1   

Jesus how the hell I miss that info.. lemme look around

+2   

im trying to figure out how I can capitalize off of this

+2   

I wonder what right-wing libertarian ghouls think about this?

+1   

Dave Smith?

Absurd

I told ya’ll Trump was a socialist. You’d think this quote would be Mandani’s not Trump:

“ We are a department store, and we set the price. I meet with the companies, and then I set a fair price, what I consider to be a fair price”

+2   

Is the valuation for me.. where is that number coming from ?

A planned 5-15% sales of shares for $30bil with uncertainty if the conservatorship would continue.

+1   

its wild that nobody on the right is screaming about him forcing private organizations to pay an extra 15% or give him shares of their company

+1   

I think people are trying to either create the narrative or hearing rumors 2nd or 3rd hand

trump posted this on his social media, we don't know the true details yet

+2   

"Why it matters: A deal would be another turn by the Trump administration away from laissez-faire policies and toward state capitalism, as it seeks to bolster the domestic fabrication of semiconductors."

So, in other words, communism. Lol

+2   

I understand deals like the one they did with MP



They invested into a company that is critically important to the nation, but forcing a company to give you shares is wild

this may be what your looking for bill has been publicly betting big on this