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Trump turns $11.1B in US government funds

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.

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.

Associated Press News on MSN · 1d

Trump turns $11.1B in US government funds into a 10% stake in downtrodden Intel

President Donald Trump on Friday announced the U.S. government has secured a 10% stake in struggling Silicon Valley pioneer Intel in a deal completed just a couple weeks after he depicted the company’s CEO as a conflicted leader unfit for the job.

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 ...

2don MSN

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

Intel stock rallies as Trump confirms a 10% US government stake, sparking debate over state capitalism, reshoring benefits, ...

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