White House NEC Director Hassett Says Intel’s Rapid Turnaround Is Encouraging
JH Kim
Summary
- Kevin Hassett said Intel’s rapid turnaround is encouraging.
- Asked about the possibility of a U.S. government sale of its Intel stake, Hassett said it was reassuring to see Intel recovering quickly.
- Hassett did not directly comment on whether the U.S. government would sell its Intel stake or on any specific sale plans.
Forecast Trend Report by Period
Kevin Hassett, director of the White House National Economic Council, gave a positive assessment of Intel’s rapid turnaround.
CNBC reported on November 6 that, when asked about the possibility of the U.S. government selling its stake in Intel, Hassett said, “It is reassuring to see Intel recovering quickly.”
He emphasized that Intel’s business conditions have improved significantly.
Hassett did not directly comment on whether the U.S. government would sell its Intel stake or on any specific sale plans.
JH Kim
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