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Intel Stocks Surge After Meeting with President Trump, Marking a Shift in US Industrial Policy
🔹 Intel shares rose about 10% after CEO Tan Lip-Bu (met President Trump, continuing the upward trend since the US government purchased shares in August last year
🔹 The US invested $8.9 billion to buy 433.3 million shares at $20.47 each. This investment is currently valued at approximately $19 billion
🔹 President Trump praised Intel as a strategic semiconductor company and stated that the US government is “proud to be an Intel shareholder”
PS: The US is shifting from support via subsidies to holding direct stakes in key companies, indicating a clear change in industrial policy
The goal is to ensure a domestic chip supply chain, reduce foreign dependence, and strengthen national security
This signals that strategic companies may receive long-term support from the government, helping to reduce risks and support stock valuation
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