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Intel will give U.S. government a 10% stake, Trump says

CBS News on MSN · 44m

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.

Fortune on MSN · 1h

Trump says Intel agreed to give the government 10% of the chipmaker. ‘We do a lot of deals like that. I’ll do more of them’

Commerce Secretary Howard Lutnick previously said the U.S. government should receive equity in return for the CHIPS Act cash grants Intel has received.

BBC on MSN · 1h

White House announces chipmaker Intel to give US government 10% stake

US Secretary of Commerce Howard Lutnick said on Friday that the federal government will take a 10% stake in Intel.

43m

Intel Announces U.S. Government Investment

The U.S. investment includes a purchase of 433.3 million primary shares of Intel stock at a price of $20.47 per share, ...

4hon MSN

Trump Poised to Unveil Intel Deal for Equity Stake on Friday

The Trump administration and Intel Corp. are poised to announce details on Friday of an agreement to give the US government ...

1don 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 ...

1don MSN

Sen. Chris Coons on China chip sales, U.S. government stake in Intel and Fed Gov. Lisa Cook

Sen. Chris Coons (D-Del.) joins 'Squawk Box' to discuss President Trump's deal to allow Nvidia and AMD to sell chips to China ...

3don MSN

Intel’s stock surges on SoftBank investment and potential U.S. government stake. Here’s why the rally could crumble.

Intel’s stock surges on SoftBank investment and potential U.S. government stake. Here’s why the rally could crumble. Money ...

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