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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.
Orlando Sentinel · 2h
Trump trumpets deal giving US a 10% stake in downtrodden Intel
WASHINGTON (AP) — President Donald Trump on Friday announced the U.S. government has secured a 10% stake in struggling Silicon Valley pioneer Intel in a deal that was completed just a couple weeks after he was depicting the company’s CEO as a conflicted leader unfit for the job.
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 MSN1d

‘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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