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Trump, Intel Agree to 10% U.S. Stake

Associated Press News on MSN · 14h

Trump turns $11.1B in US government funds into a 10% stake in downtrodden Intel

President Donald Trump on Friday announced the U.S. government has secured a 10% stake in struggling Silicon Valley pioneer Intel in a deal completed just a couple weeks after he depicted the company’s CEO as a conflicted leader unfit for the job.

CBS News on MSN · 2d

Trump says U.S. government taking a 10% stake in tech giant Intel

Speaking with reporters on Friday, President Trump said the deal came out of a meeting last week with Intel CEO Lip Bu Tan.

MarketWatch on MSN · 1d

Intel agrees to 10% U.S. government stake. It may not be the last chip company to do so.

Intel has agreed to the U.S. government taking a stake in it, President Donald Trump and the company announced Friday, capping an extraordinary chapter between the White House and the computer-chip maker.

2don MSN

Intel announces $8.9 billion investment from US government, which will own 9.9% of chipmaker

The US government has taken an $8.9 billion, 9.9% stake in Intel (INTC), buying 433.3 million shares in the chipmaker at a ...

9hon MSN

US government's Intel investment comes under the law that Donald Trump called 'Horrible, Horrible thing'

The U.S. government acquired a 10% stake in Intel, converting previously awarded grants into equity, a move hailed by ...

3don MSN

‘Socialism’: Trump faces right-wing attacks over Intel proposal

Conservative radio host Erick Erickson called the equity stake plan “terrible” and said it was “actual socialism happening by ...

2d

Trump Poised to Unveil Intel Deal for Equity Stake on Friday, Bloomberg News Reports

(Reuters) -The Trump administration and Intel are poised to announce details of an agreement to give the U.S. government an ...

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