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US to take 10% equity stake in Intel, in Trump's latest corporate move
President Donald Trump said on Friday the U.S. would take a 10% stake in Intel under a deal with the struggling chipmaker that converts government grants into an equity share, the latest extraordinary intervention by the White House in corporate America.
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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 ...
US President Donald Trump said the US would take a 10% stake in Intel under a deal with the struggling chipmaker and is ...
(Reuters) -Intel is in talks with other large investors to receive an equity infusion at a discounted price, CNBC reported on ...
U.S. President Donald Trump is injecting nearly $9 billion into Intel in exchange for a 9.9% equity stake. But the money - ...
Intel shares were up about 6% on the day, adding to earlier gains after reports that President Trump is set to announce the U ...
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