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The U.S. government acquired a 10% stake in Intel, converting previously awarded grants into equity, a move hailed by ...
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 Chips Act wasn’t about raising revenue, and an equity share wouldn’t enhance national security.
Trump takes 10% of Intel, as Washington becomes Chinatown on industrial policy.
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 ...
U.S. President Donald Trump confirmed on Friday that the U.S. government has secured a 10% stake in struggling Silicon Valley ...
US President Donald Trump said the US would take a 10 percent stake in Intel under a deal with the struggling chipmaker that ...
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