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Chipmaker Intel has agreed to give the US government a 10% stake in its business, the company and President Donald Trump ...
The US government takes a 9.9% stake in Intel with an $8.9B investment, but analysts warn funding alone may not save its ...
What Intel needs is external customers for its 14A manufacturing process - a tough ask, at least in the short term.
WASHINGTON — President Donald Trump sealed a deal that gives the U.S. government a nearly 10% stake in Intel Corp., part of ...
Intel stated that the US federal government was taking a passive ownership stake and would not seek a board seat.
U.S. President Donald Trump is injecting nearly $9 billion into Intel in exchange for a 9.9% equity stake. What Intel needs ...
The president is demanding government stakes in U.S. companies and cuts of their revenue. Experts see some similarities to ...
The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average have gone for a wild ride since President Trump took office.
The deal caps a two-week frenzy for the troubled chip maker and marks the latest in a series of extraordinary private-sector ...
President Trump approves $8.9 billion US government stake in Intel, contingency plans for if Intel sells 49% of its foundry business.
Commerce Secretary Howard Lutnick previously said the U.S. government should receive equity in return for the CHIPS Act cash ...
The Trump administration previously signaled interest in investing in the struggling chip maker and will use funds from Biden ...
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