US Secretary of Commerce confirms 10% of the country at Intel

by Andrea
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The United States has 10% of Intel, the Secretary of Commerce, Howard Lutnick confirmed. In an X publication, the Trump government member stressed that the agreement strengthens US leadership in semiconductors and will help boost the economy and ensure the country’s technological advantage.

Lutnick thanked the technology company CEO, Lip-BU Tan, for closing a “fair to Intel and fair to the American people.”

Sources of Wall Street Journal They stated that, as part of the investment, the government will not be part of the Council and will play an important role in the company’s governance.

US Secretary of Commerce confirms 10% of the country at Intel

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Previously, US President Donald Trump had requested the resignation of Tan from Intel for previous bonds with China. The two met at the White House last week and, after the meeting, the Republican said he liked the Tech CEO and would evaluate options to work with the company.

At around 5:28 pm (Brasília), Intel’s action rose 1.41% at the Nasdaq after Hours after jumped 5.53% in the regular session.

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