The analyst says the government’s intervention is “necessary” star-news.press/wp

Government intervention in the troubled chips maker Intel “Basic matter” for national security.

“We are all capitalists,” Luria, head of technology research at Da Davidson, said in an interview with “Squawk Box”. “We do not want the government to intervene and have a private institution, but this is national security.”

Bloomberg It was reported on Thursday that the Trump administration is considering making the United States government to get a stake in Intel.

The news sent the stock maker shares up, and the stock rose more than 6 % on Friday. Intel shares on the right track for the best week in more than 25 years.

Intel previously refused to comment on the report.

Loror said this deal is necessary to revive Intel and reduce the country’s dependence on companies such as Samsung and Taiwan semiconductor manufacturer To manufacture chips. President Donald Trump has called for more high -end chips and technology to be performed in the United States

How can the White House the structure of such an intervention remains a question. Bloomberg said on Friday that the administration discussed the use of funds from Chips.

Intel 7.9 billion dollars received from the Ministry of Commerce through the Chips Law, and it was almost granted 3 billion dollars Under the Pentagon Safe Pocket Law.

“I have had many opportunities for decades to get it properly, and it was not. So we need to intervene,” said Loror. “The government will come and INTEL will give unfair advantages, and if it will do so, it wants part of the work.”

The CEO of Intel met with Trump at the White House on Monday after he called on the president to resign based on allegations that he had relations with China.

Luria referred to the CEO of Openai Sam Altman and Dead Comments CEO Mark Zuckerberg that the rise of excellent artificial intelligence can be the “next wave of nuclear spread”, as evidence that direct intervention by the government is needed.

“We cannot rely on another person who creates a shell of our nuclear arsenal,” Louor said. “We have to get it correctly.”