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

Insider on MSN · 1d

It's official: The US government is taking a nearly 10% stake in Intel

The US investment in Intel is a rare example of the government taking a stake in a private company. INTC closed up on Friday but dipped after hours.

Bloomberg on MSN · 2d

US Takes Nearly 10% Intel Stake, Clinching Unorthodox Deal

President Donald Trump said Intel Corp. had agreed to give the US government a 10% equity stake in the beleaguered chipmaker, with a formal announcement expected on Friday, according to people familiar with the matter.

Reuters on MSN · 1d

US to take 10% equity stake in Intel, in Trump's latest corporate move

President Donald Trump said on Friday the U.S. would take a 10% stake in Intel under a deal with the struggling chipmaker that converts government grants into an equity share, the latest extraordinary intervention by the White House in corporate America.

2don MSN

Intel stock pops 7% as Trump confirms stake, but some say it’s a ‘recipe for disaster’

Intel Corp (NASDAQ: INTC) is rallying late on Friday after President Donald Trump confirmed the US government has finalised a ...

The United States of America officially owns 10% of Intel (INTC) stock

The Trump administration previously signaled interest in investing in the struggling chip maker and will use funds from Biden ...

1d

Bloomberg Businessweek Daily: US Takes Intel Stake

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting ...

12don MSN

Former CEO says US ‘needs’ Intel: here’s what he believes could save INTC shares

Former Intel chief executive Craig Barrett explains what INTC shares need to rebound from current levels. Find out more.

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