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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 · 2d

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.

Fox Business on MSN · 5d

Intel gets $2 billion from SoftBank as White House mulls stake

SoftBank is investing $2 billion in Intel, even as the White House is considering taking a 10% stake in chipmaker per reports, as talks with the company and Trump's team advance.

4don 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 ...

28m

Inside Intel’s Tricky Dance With Trump

Lip-Bu Tan was anxiously preparing for the biggest meeting of his life. Just five months into his tenure as chief executive of Intel, Tan was already fighting for his job. A few days earlier, Donald ...

5don 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.

1don MSN

US government’s investment in Intel may not be enough for turnaround: here’s why

The US government will invest nearly $9 billion into Intel Corp. (NASDAQ: INTC) in exchange for a 9.9% equity stake, marking ...

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