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The U.S. government acquired a 10% stake in Intel, converting previously awarded grants into equity, a move hailed by ...
Just five months into his tenure as chief executive of Intel, Tan was already fighting for his job. A few days earlier, ...
The Trump administration has now struck a deal to take a 9.9% stake in Intel by converting outstanding federal grants into ...
From Shashank Chandrakumara, Undergraduate in Finance, Law and Public Policy, Indiana University Bloomington, IN, US ...
The Manila Times on MSN11h

Did Trump save Intel? Not really

US President Donald Trump is injecting nearly $9 billion into Intel in exchange for a 9.9 percent equity stake. But the money ...
WASHINGTON (AP) — President Donald Trump on Friday announced the U.S. government has secured a 10% stake in struggling ...
The Chips Act wasn’t about raising revenue, and an equity share wouldn’t enhance national security.
The stake will be funded by the $5.7 billion in unpaid Chips Act grants and the $3.2 billion award from the Secure Enclave ...
U.S. President Donald Trump confirmed on Friday that the U.S. government has secured a 10% stake in struggling Silicon Valley ...
Trump takes 10% of Intel, as Washington becomes Chinatown on industrial policy.