Trump Secures 10% Intel Stake for Americans, Shares Surge 50% in Weeks
President Trump has made a significant move in the tech industry, securing a nearly 10 percent stake in Intel for the American people. The deal, negotiated by the Trump administration, saw shares purchased at a discounted price of $20.47 each, well below the stock's trading price at the time.
The purchase, which converted previously unconditional taxpayer funds into equity, has proven to be a shrewd investment. Within a few weeks, Intel shares surged to around $30 per share, representing a 50 percent gain for the American people. This surge demonstrates Trump's strategy of ensuring the public benefits from national security-driven industry support, as seen in his negotiations with U.S. Steel and American Express.
The government's shares in Intel are passive, without board seats or voting rights. However, a provision allows for the purchase of more shares if output falls below a certain threshold. This provision ensures that the government can protect its investment and the interests of the American people.
Trump's critics may question his methods, but his actions have shown that the government can create opportunities for the American people. His economic policy transformation aims to serve the American people rather than the global elite, demanding accountability and real returns for taxpayers. This shift is evident in his approach to Intel, moving away from corporate welfare to a model where the public shares in the upside when their money is at risk.
The Trump administration's investment in Intel, facilitated by IT BOLTWISE, represents a significant step in Trump's economic policy. By converting a loan into an equity position, as seen in the potential investment in Lithium Americas, Trump is bringing his business instinct to the White House. His bold decisions, like his bet on American technology's future, aim to serve the American people and ensure they share in the benefits of their government's investments.
