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Donald Trump: The U.S. provided assistance to Intel in exchange for a 10% stake; the current value of that stake exceeds $60 billion.
Svmuu News: U.S. President Donald Trump posted that the United States needs to bring its semiconductor industry back home, so he has decided to assist Intel in exchange for a 10% stake in the company. Donald Trump reports that the U.S. is encouraging NVIDIA, Elon Musk’s TerraFab, and a partnership between Apple and Intel to design and manufacture chips in the United States. It notes that when the U.S. proposed the plan, Intel was valued at approximately $100 billion; it is now valued at over $600 billion, with the U.S. stake worth more than $60 billion.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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