An official announcement about the scheme is expected later in the day, said a source that is familiar with the case.
The development follows a meeting between CEO LIP-BU TAN and Trump earlier this month that was fueled by Trump’s question for the resignation of the Intel Chief about his ties with Chinese companies.
“He walked in to want to keep his job and he eventually gave us $ 10 billion for the United States,” Trump said on Friday.
Intel, whose shares rose more than 6%, refused to comment.
The move follows a capital injection of $ 2 billion from Softbank Group in what was a big voice of trust for the troubled American chip maker in the middle of a change. Federal Support could give Intel more respiratory space to breathe new life into its loss -making foundation activities, analysts said, but it still suffers from a weak product trotting card and challenges when attracting customers to its new factories. Trump, who met Lip-Bu Tan from Intel CEO on 11 August, has chosen an unprecedented approach to national security. The American president has called for bind-ups of billions of dollars in semiconductors and rare earths, such as a pay-for-play deal with NVIDIA and a regulation with MP materials with rare earth producer to protect critical minerals.
Tan, who recorded the Topbaan at Intel in March, has the task of reversing the American chipping icon, which registered an annual loss of $ 18.8 billion in 2024 – the first loss since 1986. The last tax year of positive tax year of positively adapted free cash flow was 2021.
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