America gets about 10% of "Intel" shares with an unconventional agreement ... What are its details?

US President Donald Trump met with the CEO of “Intel”, “Intel” in the White House to place the final touch on an agreement that gives the US government a portion of about 10% of the shares of the troubled disk industry. Details of the agreement, according to the agreement signed on Friday, will obtain the United States 433,323,000 ordinary shares, equivalent to 9.9% of the total normal shares of the company, compared to the government’s promise to launch financing of approximately $ 8.87 billion under the “discs and scientific legislation”, according to persons. It represents the rest of the “Chips Law” funds assigned to “Intel”, which has not yet been spent, according to their saying. The shares will be without voting, and the US government will not find a seat in the board of directors, according to the informed. Tan came to the Ministry of Trade Ministry on Friday to end the details of the agreement. Trump told reporters in the White House before the event: “They agreed to do so and I think it’s a lot for them”, describing the agreement that he will revive the company. Trump: “Intel” agreed to grant the US government a 10% share of its shares, the price of “Intel” rose by 7.2% on Friday. Unconventional agreement .. Why? This partial property represents a remarkable government intervention in a US company, contrary to the principles of free capitalism that investors and policymakers have long considered a red line, except for exceptional cases such as wars or regular economic crises. But at the same time, it gives Trump a new method of using the “Chips Law” funds, after repeatedly criticizing the law signed by its predecessor Joe Biden, considering that the support of the Chips manufacturers does not achieve any returns for taxpayers. Intel was already the largest candidate who used the law. The president said that “Intel” was “” backward “for his competitors in the disk industry, and that he presented the idea to acquire a company in the company during his meeting with Tan at the beginning of the month. The agreement represents a dramatic shift after Trump asked Tan’s dismissal earlier this month and accused him of being “very contradictory” because of his previous relationships with China. These statements led to the direct meeting between Trump and the CEO. Save “Intel” will rely on Trump as an investor and shopping. Trump said: “I told him that you know what? The United States’ profits of financing companies on his part, Hurord Lottenic Minister of Tramp indicated that Trump wanted to see direct benefits to the United States of financing large companies instead of only providing grants. The United States, including Taiwan for the semiconductor industry (TSMC “and” Micron Technology “, will not be forced to provide ownership shares for funding. , the government may have a turbulent period, amid investors of the Silicon Valley icon to intensive care under the Auspice of Trump. , “Bernstein’s analyst Stacy Arsgon said in a note. Trump’s new approach to the conclusion of transactions embodied the ‘Intel’ agreement on how Trump used a new approach to ‘economic diplomacy’ because he used the VI sectors in the local manufacturing of the VI sector. Posting “Nvidia” and “Advanced Micro Device” (AMD), and determines that the two companies give the US government 15% of revenue due to the sales of artificial intelligence chips to China.