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Why Intel warns that government stake may hurt shareholders
On Friday, President Trump struck a deal with Intel. In exchange for around $9 billion in grants that the federal government awarded to the chipmaker during the Biden administration, the U.S. government gets an ownership stake in the company — just shy of 10%.
Under the deal, the US government is committing $8.9 billion to purchase Intel stock, which would give the government a 9.9% ...
Intel (INTC) laid out new risk factors associated with the U.S. federal government's stake in the embattled chipmaker. Read ...
The U.S. government acquired a 10% stake in Intel, converting previously awarded grants into equity, a move hailed by ...
Conservative radio host Erick Erickson called the equity stake plan “terrible” and said it was “actual socialism happening by ...
(Reuters) -The Trump administration and Intel are poised to announce details of an agreement to give the U.S. government an ...
President Donald Trump took aim at the people who’ve criticized his administration’s multibillion-dollar agreement with Intel ...
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