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News

Intel will give U.S. government a 10% stake, Trump says

USA TODAY on MSN · 1d
Trump says Intel has agreed to give U.S. a 10% stake in the struggling tech company
Intel is expected to receive about $10 billion in CHIPS Act grants from the government to help fund the building of chip plants in the U.S.
UPI on MSN · 1d
Intel agrees to give U.S. 10% stake in operations
The United States government will own a 10% share of common stock in U.S. chipmaker Intel in exchange for $11 billion in already-promised federal funding.
Insider on MSN · 13h
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.
Shacknews
1d

The United States of America officially owns 10% of Intel (INTC) stock

The Trump administration previously signaled interest in investing in the struggling chip maker and will use funds from Biden ...
Mediaite on MSN20h

‘Terrible Idea’: Conservatives Rage Over Trump’s ‘Socialist’ Intel Purchase

Donald Trump announced that the federal government had officially purchased 10% of Intel on Friday, and many conservatives ...

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