Trump continues to pump Intel stock: ☢️
$INTC 🖥
The technology the world relied on was invented in the United States. We all remember "Intel Inside."
Foolish presidents tended to take our economy for granted, and allowed Taiwan and other countries to take over our chip factories. They forgot to protect our industry with tariffs.
When I won my second term (actually it's the third!) it was clear that America's chip industry must be brought back to America. We plan everything, but now we need to 'produce' it here immediately! That's why I decided to help Intel, because we must design and produce the chips here in America ourselves.
First, we invited Nvidia, and they agreed to produce first-class chips together with Intel. Second, Elon agreed to build 'Terrafab' - the world's largest chip factory, designed together with Intel's technology team. And finally, Apple agreed to collaborate with Intel to design and produce chips in America.
We agreed to help Intel in exchange for 10% of Intel stock. Is that too much, or too little? When we offered it, their value was about $100 billion. Now their value exceeds $600 billion! Within 9 months, their value increased by more than $500 billion. America's share is now worth more than $60 billion.
When was the last time a president made money for America?
$INTC stock is up about 9% following Trump's remarks ☢️