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

Fortune on MSN · 9h

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.

CBS News on MSN · 8h

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.

MarketWatch on MSN · 11h

Intel agrees to U.S. government stake, Trump says. Why it may not be the last chip company to do so.

Intel has agreed to the U.S. government taking a stake in the chip maker, President Donald Trump said Friday, not long after he met with the company’s chief executive after initially calling for him to resign.

8hon MSN

It's official: The US government is taking a 9.9% stake in Intel

A US investment in Intel marks a rare example of the government taking a stake in a private company. INTC stock soared on the prospect.

11hon 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 ...

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