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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.
Former Treasury Secretary Larry Summers expressed skepticism over the US government's decision to take a 10% equity stake in ...
Analysts gave Intel (INTC) moderately positive feedback after it was revealed the U.S. government agreed to a historical ...
Wall Street analysts don't expect the money alone to turn around Intel's business, which has suffered from years of declining ...
The Trump administration has converted CHIPS Act funding for Intel into an equity stake in the company, shifting industry ...
The president defends his arrangement for the US to own a 10% stake in Intel as some critics, including former Biden ...
2don 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.
The US government's acquisition of a 9.9% stake in Intel, alongside TSMC's exclusion from such equity participation, ...
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 ...
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