The Trump administration is in talks with Intel about a possible acquisition by the U.S. government of a stake in the company, sources told Bloomberg. The size of such a stake is not yet clear, the agency said . Shares of Intel after this publication soared by 7.4% just before closing and continued to grow in extended trading.

The deal would help the struggling chipmaker to expand domestic production, Bloomberg's interlocutors explained the essence of the plan. In particular, it is about the project to create a production center Intel in Ohio. The company promised to turn this facility into the world's largest chip plant, but its realization has been repeatedly postponed.

The idea to acquire the stake came after a meeting between President Donald Trump and Intel CEO Lip-Bu Tan, sources said.

The White House did not respond promptly to the agency's request, Intel declined to comment on Bloomberg's information.

The news is supplemented.

This article was AI-translated and verified by a human editor

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