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Trump, Intel Agree to 10% U.S. Stake

Insider on MSN · 1d

It's official: The US government is taking a nearly 10% stake in Intel

The US investment in Intel is a rare example of the government taking a stake in a private company. INTC closed up on Friday but dipped after hours.

Reuters on MSN · 2d

US to take 10% equity stake in Intel, in Trump's latest corporate move

President Donald Trump said on Friday the U.S. would take a 10% stake in Intel under a deal with the struggling chipmaker that converts government grants into an equity share, the latest extraordinary intervention by the White House in corporate America.

Bloomberg on MSN · 2d

US Takes Nearly 10% Intel Stake, Clinching Unorthodox Deal

President Donald Trump said Intel Corp. had agreed to give the US government a 10% equity stake in the beleaguered chipmaker, with a formal announcement expected on Friday, according to people familiar with the matter.

2don MSN

Intel stock pops 7% as Trump confirms stake, but some say it’s a ‘recipe for disaster’

Intel stock rallies as Trump confirms a 10% US government stake, sparking debate over state capitalism, reshoring benefits, ...

2d

Bloomberg Businessweek Daily: US Takes Intel Stake

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting ...

3h

Did the US govt’s latest injection of funds save Intel? Not really

Intel’s shares closed up 5.5% last Friday on news of the government’s equity stake, but fell 1% in post-market trading after ...

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