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President Donald Trump said Friday that Intel had agreed to give the U.S. government a 10% stake, which amounts to roughly ...
WASHINGTON (AP) — President Donald Trump on Friday announced the U.S. government has secured a 10% stake in struggling ...
The United States government will own a 10% share of common stock in U.S. chipmaker Intel in exchange for $11 billion in ...
President Donald Trump said on Friday he reached an agreement with Intel CEO Lip-Bu Tan that would involve the struggling ...
The US investment in Intel is a rare example of the government taking a stake in a private company. INTC closed up on Friday ...
President Donald Trump said the the Intel “deal” would give the U.S. government a roughly 10 percent share in the company, or ...
The U.S. government has taken a 10% stake in struggling U.S. chipmaker Intel, President Donald Trump announced in a social ...
Intel is expected to receive about $10 billion in CHIPS Act grants from the government to help fund the building of chip ...
The deal is among the largest government interventions in a U.S. company since the rescue of the auto industry after the 2008 ...
Speaking with reporters on Friday, President Trump said the deal came out of a meeting last week with Intel CEO Lip Bu Tan.
The Trump administration previously signaled interest in investing in the struggling chip maker and will use funds from Biden ...