Increasingly Interferring, US Government Wants To Take Over Intel Shares

The US government wants to master Intel (photo: dock. Intel)

JAKARTA After Intel CEO Lip-Bu Tan was suspected of having ties to Chinese companies, the US government continued to interfere in the company's affairs. This time, the government wants to take Intel shares.

According to a Bloomberg report, the US government plans to acquire some of the shares in the semiconductor company. This is done to support Intel's manufacturing expansion in the US, particularly the construction of a chip factory in Ohio.

The construction of the factory has been delayed for a long time. This acquisition is referred to as a strategy to strengthen US technology and manufacturing leadership. This plan is adapted to a broader national economic and security agenda.

It seems that this plan will be discussed in Tan's next meeting with the US government. After meeting with US President Donald Trump some time ago, Trump said that Tan still had to continue discussions with members of his cabinet in the near future.

Tan met with Trump on Monday, August 11. The meeting was held to explain allegations related to a conflict of interest between China and Lip-Bu Tan.

Prior to the meeting, Trump urged Lip-Bu Tan to resign from his post. This insistence comes after Republican US Senator Tom Cotton wrote a letter to Intel's board of directors regarding Tan's relationship with China.

Tan has spoken out about the allegations and mentioned rumors circulating as 'misinformation'. Tan insists that he has no conflict of interest with China. On the other hand, Tan is still committed to the US.