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Intel, White House and US government

Trump White House takes a $10B stake in Intel

President Donald Trump on Friday said the U.S. government had reached a deal to take a 10 percent equity stake in the chipmaker Intel, worth approximately $10 billion. “I said, I think it would be good having the United States as your partner,” Trump said Friday at the White House. “ [CEO Lip-Bu Tan] agreed, and they’ve agreed to do it.”

BBC on MSN · 1d

White House announces chipmaker Intel to give US government 10% stake

US Secretary of Commerce Howard Lutnick said on Friday that the federal government will take a 10% stake in Intel.

Insider on MSN · 21h

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.

Yahoo29d

Gabbard and White House 'lying' about intel on Russian interference in ...

Gabbard, current CIA Director John Ratcliffe and the White House have accused Brennan of fabricating intelligence about the 2016 election to undermine Trump. Brennan has rejected the allegations ...

4don MSN

Nvidia And Intel Lead Tech Stock Drop As White House Reportedly Seeks Equity For CHIPS Grants

Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...

4don MSN

Bessent says the US wouldn't use a rumored stake in Intel 'to drum up business'

Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.

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