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Intel, White House

Trump White House takes a $10B stake in Intel

President Donald Trump on Friday said the U.S. government had reached a deal to take a 10 percent equity stake in the chipmaker Intel, worth approximately $10 billion. “I said, I think it would be good having the United States as your partner,” Trump said Friday at the White House. “ [CEO Lip-Bu Tan] agreed, and they’ve agreed to do it.”

BBC on MSN · 14h

White House announces chipmaker Intel to give US government 10% stake

US Secretary of Commerce Howard Lutnick said on Friday that the federal government will take a 10% stake in Intel.

CNN on MSN · 8d

The White House reportedly discussing taking a stake in Intel, sending shares climbing

The Trump administration is reportedly considering having the US government take a stake in Intel, a company that was once one of America’s most important tech giants but which has since fallen on hard times.

2don MSN

Nvidia And Intel Lead Tech Stock Drop As White House Reportedly Seeks Equity For CHIPS Grants

Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...

3don MSN

Bessent says the US wouldn't use a rumored stake in Intel 'to drum up business'

Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.

13hon MSN

Trump makes deal giving U.S. government a 10% share of Intel

The president put the value of the “deal” at around $10 billion, saying he told the chipmaker’s chief executive that “it would be good having the United States as your partner” and “they’ve agreed to ...

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