The US Government is planning to take 10% shares in Intel

The US government planned to take 10% scout on Intel, President Donald Trump against journalist Friday. Bloomberg first Report the newsThat pushes a semiconductor company for more than 7%. Trump said Intel has agreed with the proposal.

The news arrived in the pivotal – and recently didn’t be easily volatile – time for Intel. The Lip-bu CEO is now compiling a chipmaker, close a particular division and spray the workers on the offer to focus on the core like NVIDIA.

Before this month, Trump pushed Tan retreat due to conflict of interest. Tan later I met Trump to find out how presidentially seized and knew the way to the company and the government could be together.

This Federal government ownership from the main company will signate dramatic from the continuous US policy. The government equity in the private company is extremely rare in the US and controversial, with the company excellent in the company like 2008-2009’s government, and some major banks to prevent economic collapse.

The systematic government sells the stick back to a private investor over the years below.

Intel Deal, the desired will be announced later on Friday, the day after the Japanese Softbank Japanese agree to make a $ 2 billion investment in Intel. The agreement is treated as a commitment for advanced technology and semiconductor and semiconductor in the US. In the agreement, Softbank agreed to buy Intel General stock at $ 23 per stock. Intel stock core is trading for $ 25 on Friday evening.

TechCrunch has completed Intel and White House for comments.

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