Kevin Hassett Says Intel’s Rapid Recovery Is Encouraging
Summary
- Kevin Hassett said Intel’s rapid business recovery was encouraging.
- Asked about the possibility of the U.S. government selling its stake in Intel, he said it was reassuring to see the company recovering quickly.
- He did not directly address whether the U.S. government would sell its Intel stake or outline any specific sale plan.
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Kevin Hassett, director of the White House National Economic Council, offered a positive assessment of Intel’s rapid recovery.
Hassett told CNBC on November 6 that it was reassuring to see Intel recover quickly when asked about the possibility of the U.S. government selling its stake in the chipmaker.
He emphasized that Intel’s business condition has improved significantly.
Hassett, however, did not directly comment on whether the U.S. government would sell its Intel stake or on any specific sale plan.
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