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The US invests in Intel in the amount of $ 8.9 billion, but most funds come from money that the government should pay packaging chipmaker anyway. In Announcement on FridayIntel said the Federal Government would fund her investment using $ 5.7 billion remaining In grants still not received under chips of Biden Administration, in addition to $ 3.2 billion received As part of a secure enclave Program.
President Donald Trump confirmed the investment during the printing briefly before the festive announcement, saying that Intel’s executive director Lip-BUC agreed to give the government of 10 percent of the share. Ferowed this month, Trump called for tan resigns over his ties to ChinaAnd today he positioned an agreement as a way of “keeping his job”.
Trump told reporters that he gave an offer during negotiations with a complexion. “I said,” I think it would be good to have the United States as your partner, “said Trump.” They agreed to do it. “Intel already received $ 2.2 billion under the act of chips.
Government investments in Intel “will be passive ownership, without representing the board or other administration or the right to inform”, according to Intelovitica. “We are grateful to causes that the president and administration in Intel are looking forward to working on the promotion of American technology and production leadership,” says Tan in a public announcement.
Confirmation of the Agreement comes only a few days after Softbank announced plans Invest $ 2 billion Intel To “further expand” leaning in the US.
SCOTT BESSENT SECRETARY hinted at the government’s government The potential investment this week, saying during an interview with CNBC that “was a conversion of grants” thinks that “stabilizes the company for manufacturing chips here in the US.”
It seems to be the end that Trump’s approach to bringing to give, as he said during the briefing that “do more of them” in the future.
Update, 22. August: Added information from Intel.
