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News

Intel, White House and US government

BBC on MSN · 2d
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 US chipmaker Intel.
Insider on MSN · 1d
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.
Firstpost · 44m
Trump White House to Buy Stake in Intel? | Vantage with Palki Sharma | N18G
The US government is reportedly in talks with Intel to buy a stake in the struggling US chip manufacturer. The announcement led to a 7% surge in Intel's share prices on Thursday. Why is Trump putting American money in a private company,
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 ...
5don 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.
2d

Analysis-Did Trump Save Intel? Not Really

U.S. President Donald Trump is injecting nearly $9 billion into Intel in exchange for a 9.9% equity stake. But the money - ...

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