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Trump turns $11.1B in US government funds

MarketWatch on MSN · 1d

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.

Associated Press News on MSN · 2d

Trump turns $11.1B in US government funds into a 10% stake in downtrodden Intel

President Donald Trump on Friday announced the U.S. government has secured a 10% stake in struggling Silicon Valley pioneer Intel in a deal completed just a couple weeks after he depicted the company’s CEO as a conflicted leader unfit for the job.

Insider on MSN · 1d

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.

2don MSN

Trump says Intel agreed to give the government 10% of the chipmaker. ‘We do a lot of deals like that. I’ll do more of them’

Commerce Secretary Howard Lutnick previously said the U.S. government should receive equity in return for the CHIPS Act cash ...

3don 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 ...

2d

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 ...

2hon MSN

Inside Intel’s Tricky Dance With Trump

Just five months into his tenure as Intel’s CEO, Lip-Bu Tan was fighting for his job. Getting to a truce with the president ...

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