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Trump turns $11.1B in U.S. government funds into a 10% stake in downtrodden Intel

The Washington TimesFriday, August 22, 2025 at 10:25:04 PM
NeutralU.S NewsInvestment
Trump turns $11.1B in U.S. government funds into a 10% stake in downtrodden Intel
President Donald Trump announced that the U.S. government has acquired a 10% stake in Intel, a struggling tech company. This deal comes shortly after he criticized Intel's CEO.
Editor’s Note: This acquisition is significant as it reflects the government's involvement in the tech sector, particularly in a company facing challenges. It raises questions about the future direction of Intel and the implications of government investments in private enterprises.
— Curated by the World Pulse Now AI Editorial System

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