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

Insider on MSN · 23h

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.

Orlando Sentinel · 9h

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.

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.

1hon MSN

US government's Intel investment comes under the law that Donald Trump called 'Horrible, Horrible thing'

The U.S. government acquired a 10% stake in Intel, converting previously awarded grants into equity, a move hailed by ...

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 ...

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