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

CBS News on MSN · 11h

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 · 11h

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.

The Washington Post on MSN · 10h

Trump makes deal giving U.S. government a 10% share of Intel

President Donald Trump said the the Intel “deal” would give the U.S. government a roughly 10 percent share in the company, or about $10 billion.

7hon MSN

Intel agrees to give U.S. 10% stake in operations

The United States government will own a 10% share of common stock in U.S. chipmaker Intel in exchange for $11 billion in ...

14hon 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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