Trump Eyes Intel New Strategic Move In US Chip War
There was a sudden stir on wall street on thursday morning intel shares jumped 7% and the reason was a bloomberg report which sparked a new debate in the US tech industry and political circles according to the report the trump administration is in talks to take a stake in intel one of the worlds largest chip manufacturers
This will be no ordinary investment it will be a strategic move in America battle for technological self reliance
Fastest Chips in America but the challenge is big
Intel is today the only company in america that has the ability to make the fastest chips domestically but the picture is not completely clear companies like taiwan semiconductor manufacturing company TSMC and samsung also run factories on America soil and are capable of making high performance chips
Donald Trump has said many times before that he wants more chip and high tech production in America so that dependece o china is reduced and national security is strengthened
What Government stake means
If the deal goes through US government money will go directly to the construction of intel new factories in jobs
These factories will not only increase Americsa semiconductor capacity but also promise thousands of jobs
CEO meet at white house shadow of controversy
Earlier This week intel CEO Bip-Boo tan met trump at the white house the meeting came at a time when the president had publicly asked tan to resign over his ties with china
Intel immediately issued a statement saying Tan is fully committed to advancing US national and economic security interests
Intel difficulties and future battles
Lip-Boo Tan became the head of intel earlier this year at that time the company was lagging behind in the race for artificial intelligence chips and was spending heavily on its foundry business makinng chips for other companies
The problem is that o big customer has yet joined intels foundry business this will be an important step because with the trust of big name other companies can also turn to intel for production
In july tan canceled plans for new factories in germany and poland and also announced to slow down the pace of the ohio project he said now every line of expenditure will be strictly monitored .
Conclusion why this deal matters
This isn’t just a case of government investment in a company it’s a story of America technology sovereignty strategic competition with china and a domestic manufacturing renaissance
If the deal goes throug the ohio factory won’t just make silicon chips it will become a symbol of america technological independence
