Trump’s plan for 300% of semiconductors weighs on flea stocks, except Intel. Here is why

A potential agreement with the Trump administration promises to be a saving pardon for Intel (Intc), which saw its actions climb on Friday while other semiconductor actions have slipped.

President Trump told a group of journalists on the Air Force on Friday morning that he could put prices on tokens imported next week.

“I’m going to put prices next week and the following week, on steel and on, I would say chips – chips and semiconductors, we will establish next week, week after,” said the president in flight, on the way to meet Russian president Vladimir Putin in Alaska. “I’m going to have a rate that will be 200%, 300%,” said Trump. The White House did not immediately respond to a request for comments.

The PHLX (SOX) semiconductor index recently decreased by more than 2%. Intel was part of a handful of the constituents of the unharmed index; Actions increased by almost 6%.

The reports that the Trump administration plans to participate in Intel gives a boost to the stock. The discussions included the tapping of the flea law – from which Trump was a critic – to partially finance a participation in Intel, according to Bloombergquoting people familiar with the problem. The talks of the agreement follow in the heels of the meeting of the CEO of Intel Lip-Bu Tan with President Trump on Monday, after Trump publicly called Tan’s resignation, citing alleged Chinese conflicts.

A White House spokesman said Investigation Any discussion “must be considered a speculation, unless administration”. Intel did not immediately answer questions about talks.

Some analysts consider the Trump administration as a potential “hero client”, which Intel could use to finance development for its 14A process, a new generation flea manufacturing technology that could increase the speeds of fleas.

“Intel could of course use money to help capitalize the FABS given heavy losses and cash burns, and help support them during (probably) years that it will take to build a substantial clientele,” Bernstein analysts wrote by Stacy Rasgon on Friday. Intel is already based on investment capital agreements to support the construction of semiconductor manufacturing factories inside and outside the United States

However, what Trump might want to return is an exceptional question, investors waiting to see if Trump can “make Intel again,” analysts said. The administration recently obtained income sharing agreements with NVIDIA (NVDA) and micro advanced devices (AMD) in exchange for export licenses to resume sales of key chips to China.

Other market observers, including Jim Cramer, and Brian Colallo de Morningstar have also said that Intel could probably use the aid. “A stake could greatly contribute to finishing what Gelsinger could not afford to build, but did it anyway,” tweeted Cramer on Friday, referring to the former CEO of Intel, Patrick Gelsinger, who resigned in December.