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Trump Announces 10% U.S. Stake in Intel
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Intel StakeFinancial Markets
Updated 6 hours ago

Trump Announces 10% U.S. Stake in Intel

Former President Trump has announced that Intel will provide the U.S. government with a 10% equity stake, making it the third-largest shareholder. This agreement is part of the CHIPS Act funding and aims to strengthen the government's role in the semiconductor industry, potentially leading to more deals in the future.

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US to take 10% equity stake in Intel, in Trump's latest corporate move
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US to take 10% equity stake in Intel, in Trump's latest corporate move
PositiveFinancial Markets
The US government plans to acquire a 10% equity stake in Intel, marking a significant investment in the tech giant. This move is part of Trump's broader strategy to bolster American manufacturing and technology.
Editor’s Note: This investment is crucial as it reflects the government's commitment to supporting domestic industries and ensuring that the US remains competitive in the global tech landscape. It could lead to job creation and innovation in the sector.
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Trump says Intel agreed to give the government 10% of the chipmaker. ‘We do a lot of deals like that. I’ll do more of them’
Fortune8 hours ago
Trump says Intel agreed to give the government 10% of the chipmaker. ‘We do a lot of deals like that. I’ll do more of them’
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Trump announced that Intel has agreed to give the government 10% of its equity as part of the CHIPS Act funding. This move is seen as a way to ensure the government benefits from its investments in the semiconductor industry.
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