Trump Intel turns an American “national hero” with a new share star-news.press/wp

So far, the United States has often kept its hands free from taking direct risks in private sector companies. Now, he is the largest contributor and hero of a sick chip maker.

On Friday, Intel announced an agreement with the United States government, which allows Washington to obtain a 10 % stake in the company’s business that was once organized. The $ 8.9 billion of the Trump administration makes the United States the largest interest in Intel. However, the federal government has a negative interest, which means that it has no governance rights, such as a seat on the company’s board of directors.

Now, during the era of President Donald Trump, the United States joins China in its strengthening for “national heroes”, multinationals in the strategic sectors that offer the interests of its national government. International conductor manufacturer (SMIC) Look at it As China’s advanced chips. This type of agreement is common throughout Europe.

“Once the US government has an active share of the success or failure of a company, it is very difficult to say that it is not” a national hero. “.

In China and European countries, free markets interfere with the country to produce a difference in the state -run capitalism. Government intervention in the private sector is more frequent in these environments. Some analysts view the Intel share as a large risk gambling for the United States

“The state has already put some money, and the tendency is to provide more support,” said Gary Hofbauer, a colleague of older than the Peterson Institute for International Economy. ((It is very difficult for countries to stay away from failed projects. Sometimes, but it requires a lot of failure. “

National industrial heroes are part of the scene in business. Brazil has Long a period ago With Veto Power in Embraer, Jetmaker maker, the third largest producer of commercial aircraft in the world. UK He has a so -called gold share To be inferred by similar administrative rights at the defense company BaE Systems. Earlier this summer, the United States government detained a golden stake in the United States, its headquarters, its headquarters.

Trump felt comfortable to expand the government’s authority in the private sector throughout his second term. Initially, he demanded that Intel be the CEO of Lip Bu-Tan, for his previous relationships with the Chinese army. Historically, the United States government was tending to avoid explicit interference in the economy, with the exception of special dangerous cases – such as when it took stakes in car manufacturers and large banks in the 2008 financial crisis. Washington has achieved a mixed record in promoting national heroes.

Bill Bayer, a visitor colleague in the governance studies at the Brookings Institute, quote The collapse of the previous version of AT & T. She opened once as a monopoly on the blessing of the American government in the twentieth century because it provided global service. However, the company was opened to increase the competition, and its edge was lost. AT & T was divided four decades ago into local service providers and soon bought by a diluted competitor.

“You did not survive AT&T mainly in its current form,” said Bayer. “He was not ready to compete with the US -based companies based outside the United States. It was purchased by a local bell operating company.”

Intel has had a landmark over the past two decades. Once, it was the highest domestic chips supplier that operates American computers at the beginning of the millennium. but A series of corporate errors Catured the company Smart phone Then the artificial intelligence revolution. Intel stocks threw nearly half of its value since 2020, and competitors like Nvidia are at the forefront of the AI ​​industry. The chips maker had to wrestle with the Trump brand of capitalism and agreed to hand over part of its revenues in China to the US government.

However, other experts argue that the United States should be able to take risks in some companies if there is a clear goal behind this that benefits the United States and taxpayers.

“I think there is nothing in nature opposing the government that has stakes in a company,” Alex Jackers, the main policy and the call to the left -wing basic work, and former White House assistant to President Joe Biden. “I am not sure that the government has made it clear why this has improved matters in Intel. So I am still waiting for the brief logical basis behind it. “

Intel arrangement may actually be repeated to other American companies, especially those that accepted federal benefits or granting money. “I want to try to get as much as possible,” Trump said on Monday at the Oval Office. “I hope I get many cases like it.”

White House Economic Adviser Kevin Haysit Say earlier On the day when it was “completely true”, the United States government would follow other deals.