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Just five months into his tenure as Intel’s CEO, Lip-Bu Tan was fighting for his job. Getting to a truce with the president ...
The stake will be funded by the $5.7 billion in unpaid Chips Act grants and the $3.2 billion award from the Secure Enclave ...
Under the deal, the US government is committing $8.9 billion to purchase Intel stock, which would give the government a 9.9% ...
Intel is expected to receive about $10 billion in CHIPS Act grants from the government to help fund the building of chip ...
WASHINGTON -- President Donald Trump said that Intel has agreed to give the U.S. government a 10% stake in its business.
The Silicon Valley chipmaker’s journey from icon to a government project, with the sale of a 10 percent stake to the Trump ...
Intel has agreed to the U.S. government taking a stake in it, President Donald Trump and the company announced Friday, ...
5don MSN
Trump administration vying to own a big stake in Intel after SoftBank’s $2 billion bet on company
Japanese technology giant SoftBank Group says it plans to take a $2 billion stake in computer chip maker Intel as it deepens ...
“BIG NEWS: The United States of America now owns 10% of Intel, one of our great American technology companies,” Lutnick said. “This historic agreement strengthens U.S. leadership in semiconductors, ...
Treasury secretary Bessent said that stabilization would be the goal of any U.S. stake in the troubled chipmaker.
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