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The President’s comments followed Friday’s announcement that the federal government would acquire a 10% share in the semiconductor giant, a transaction valued at $8.9 billion.
Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...
Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.
According to an exclusive report from the Wall Street Journal, it claims that the Trump administration is looking into helping Intel with its advanced chips production in the US. As you might know, ...