”This historic agreement strengthens the US leadership in semiconductors, which will both make our economy grow and contribute to securing the US's technical lead”, writes Lutnick on X.
He stated earlier in the week to CNBC that the government wants a non-voting ownership in Intel in exchange for state funds for research, development and production of semiconductors.
The company has fallen behind in the AI hype and in recent days, it has emerged that negotiations are underway with investors about a capital injection.
On Friday, sources told the news agency Bloomberg that the government and Intel have agreed that the state will take over 10 percent of the shares.
President Donald Trump states that the ownership share is worth approximately 11 billion dollars and that he himself and Intel's CEO Lip-Bu Tan have negotiated the agreement.
”This is a great deal for America and also a great deal for Intel”, writes Trump on his social media platform Truth Social.
