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News

Trump, Intel Agree to 10% U.S. Stake

MarketWatch on MSN · 17h
Intel agrees to 10% U.S. government stake. It may not be the last chip company to do so.
Intel has agreed to the U.S. government taking a stake in it, President Donald Trump and the company announced Friday, capping an extraordinary chapter between the White House and the computer-chip maker.
Insider on MSN · 16h
It's official: The US government is taking a nearly 10% stake in Intel
The US investment in Intel is a rare example of the government taking a stake in a private company. INTC closed up on Friday but dipped after hours.
CBS News on MSN · 1d
Trump says U.S. government taking a 10% stake in tech giant Intel
Speaking with reporters on Friday, President Trump said the deal came out of a meeting last week with Intel CEO Lip Bu Tan.
20hon MSN

US government’s investment in Intel may not be enough for turnaround: here’s why

The US government will invest nearly $9 billion into Intel Corp. (NASDAQ: INTC) in exchange for a 9.9% equity stake, marking ...
2don MSN

‘Socialism’: Trump faces right-wing attacks over Intel proposal

Conservative radio host Erick Erickson called the equity stake plan “terrible” and said it was “actual socialism happening by ...
1d

Trump Poised to Unveil Intel Deal for Equity Stake on Friday, Bloomberg News Reports

(Reuters) -The Trump administration and Intel are poised to announce details of an agreement to give the U.S. government an ...

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