A meeting with the president this year helped Intel CEO Lip-Bu Tan provide needed U.S. buy-in for the chipmaker.
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How a Silicon Valley dealmaker charmed Trump and gave Intel a lifeline
The deal gave Intel a $5.7 billion cash infusion and set up the U.S. government to be its largest shareholder. After the initial meeting, Tan pledged to “make Intel great again” in the video that ...
When Trump proposed that the US receive equity in exchange for giving Intel more CHIPS Act money Tan struck a deal.
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