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The president defends his arrangement for the US to own a 10% stake in Intel as some critics, including former Biden ...
SAN FRANCISCO, Aug 23 (Reuters) - U.S. President Donald Trump is injecting nearly $9 billion into Intel (INTC.O) in exchange ...
The Trump administration has converted CHIPS Act funding for Intel into an equity stake in the company, shifting industry ...
The US investment in Intel is a rare example of the government taking a stake in a private company. INTC closed up on Friday ...
Friday’s news that the Trump administration will pour $9 billion into Intel’s coffers doesn’t solve the underlying issues ...
Last week, the government took a 10 percent stake in the company, purchasing 433.3 million shares for a total price of $8.9 ...
Intel’s shares have climbed about 4% since the transaction was announced. Some experts said that while there is a potential ...
Wall Street analysts don't expect the money alone to turn around Intel's business, which has suffered from years of declining ...