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Trump says US will take 10% stake in Intel because CEO wants to “keep his job”
Intel has agreed to sell the US a 10 percent stake in the company, Donald Trump announced at a news conference Friday. The US stake is worth $10 billion, Trump said, confirming that the deal was inked following his talks with Intel CEO Lip-Bu Tan.
The US government's acquisition of a 9.9% stake in Intel, alongside TSMC's exclusion from such equity participation, ...
Washington links Intel aid to equity stakes, tying financial support to ownership as part of a broader strategy in tech and ...
The Trump administration is backing away from suggestions it could take a stake in TSMC, despite its plans to demand shares ...
1don MSNOpinion
The Donald Trump Administration Is Pondering Equity Stakes in Intel, TSMC, Micron, and Samsung -- and It Sets a Dangerous Precedent
The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average have gone for a wild ride since President Trump took office.
Yet Intel still matters, as Mr Trump’s interest shows. The most advanced chips, vital for smartphones and AI, are now made ...
The Trump administration is considering taking equity stakes in companies getting funds from the 2022 CHIPS Act but has no ...
The new funding would be another financial lifeline for Intel, as billions of dollars in investment to expand its contract ...
The industry looks very different from when Intel was the clear leader. Nvidia and AMD dominate AI and data centers, while ...
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