Intel Will Give US 10% Stake in Company,
Uh Intel has been left behind as you
know compared to uh Jensen and some of
our friends Nvidia some of the people
and the people in because Intel should
have never been Intel was the biggest
most powerful chip company in the world
and then uh they started leaving and
they started going to foreign countries
in particular Taiwan and if we had a
president would have said okay you can
go to Taiwan but we're going to put 100%
% tariff or 200 or 300 or 500% tariff.
Anybody that sells into the United
States has to pay. They wouldn't have
left. They would have never left and we
wouldn't have. So, in the meantime, we
had people that were in some cases good
politicians that weren't good on trade.
I loved that man, but he was not good on
trade. I totally disagreed. He allowed
the car industry to be taken out of this
country. We lost 50% of our car
industry. But that's all coming back.
It's all coming back. But if somebody
would have said that with Intel would be
a giant right now. Now with that they've
had some bad management over the years
and and they got lost. And I said I
think you should pay us 10% of your
company. And they said yes that's about
10 billion dollars for the I don't get
it. This comes to the United States of
America. And I said I think it would be
good having the United States as your
partner. He agreed and they've agreed to
do it and I think it's a great deal for
them and I think it's a great deal. He
walked in wanting to keep his job and he
ended up giving us10 billion dollars for
the United States.