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President Donald Trump on Friday announced the U.S. government has secured a 10% stake in struggling Silicon Valley pioneer ...
Just five months into his tenure as chief executive of Intel, Tan was already fighting for his job. A few days earlier, ...
The Trump administration has now struck a deal to take a 9.9% stake in Intel by converting outstanding federal grants into ...
From Shashank Chandrakumara, Undergraduate in Finance, Law and Public Policy, Indiana University Bloomington, IN, US ...
WASHINGTON (AP) — President Donald Trump on Friday announced the U.S. government has secured a 10% stake in struggling ...
Intel’s shares closed up 5.5% last Friday on news of the government’s equity stake, but fell 1% in post-market trading after ...
The stake will be funded by the $5.7 billion in unpaid Chips Act grants and the $3.2 billion award from the Secure Enclave ...
The Chips Act wasn’t about raising revenue, and an equity share wouldn’t enhance national security.
US President Donald Trump said the US would take a 10 percent stake in Intel under a deal with the struggling chipmaker that ...
President Donald Trump sealed a deal that gives the US government a nearly 10 per cent stake in Intel, part of an ...