US President Trump told Fortune he thinks US could sell Intel (INTC) shares slowly over time without tanking the stock market
- Trump said "I should have asked for more", referring to the government stake in INTC.
- Trump said "Intel should be the biggest company in the world right now... If I had been president when all these companies started sending their chips in from China, I would have put a tariff on that would have protected Intel"
- Referring to TSMC, he added, “Intel would have all that business now, and there would be no Taiwan.”
Context
President Trump's comments regarding potential sell-off of Intel shares suggest a strategic approach to managing the government's stake without causing market disruption. His remarks reflect a confidence in Intel's long-term value and an acknowledgment of past trade dynamics that could influence investor sentiment, particularly in the semiconductor sector. This insight might prompt traders to reassess Intel's market position and its implications for broader equity trends in the tech space.
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