Intel says Trump deal has risks for shareholders, international sales

Intel On Monday, he warned of “negative reactions” from investors, employees and others Trump administration Get a 10 % stake in the company, in a presentation Quoting the risks involved in the deal.

The main anxiety field is international sales, with 76 % of Intel revenues at the end fiscal year Coming from outside the United Statesand According to the file with the Securities and Stock Exchange Committee. The company had $ 53.1 billion in profit For the fiscal year 2024, a decrease of 2 % from the previous year.

For Intel International Customers, the company is now directly linked to the president Donald TrumpIn constant change tariff And commercial policies.

“There may be negative reactions, immediately or over time, from investors, employees, clients, suppliers, commercial partners, other commercial partners, foreign governments or competitors,” the company wrote in the deposit. “There may also be a lawsuit related to treatment or otherwise and increase general or political scrutiny in relation to the company.”

Intel also said that the possibility of a changing political scene in Washington could challenge or nullify the deal and create risks for current and future shareholders.

The deal, which was announced on Friday, is given Ministry of Commerce Up to 433.3 million shares from the company, which reduces current shareholders. The purchase of shares is largely funded by the money already granted to Intel under the president Joe BidenChips Law.

Intel has already received $ 2.2 billion from the program and was appointed for another $ 5.7 billion. A separate federal program received $ 3.2 billion, bringing the total 11.1 billion dollars, according to a statement.

Trump described the agreement as a “many for America” ​​and said that the construction of advanced chips “is essential for the future of our nation.”

Intel shares increased as a momentum built towards a deal in August, with the shares rising about 25 %.

The agreement requires the government to vote with the Intel board. In the Monday file, the company noted that the government’s share “reduces voting and other governance rights of the University of shareholders and may limit possible future transactions that may be beneficial to shareholders.”

Moreover, the company admitted to the deposit that it has not completed an analysis of all “financial and tax consequences and accounting”.

The tumultuous fiscal year for 2024 included the exit of the CEO Bat Gilgringer In December after a period of four years, during which he beat the stock and lost the company on competitors in artificial intelligence leap.

Lips CEO Tan Tan He took a head in March.