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Intel, Donald Trump

Analysis-Did Trump save Intel? Not really

By Jaspreet Singh, Max A. Cherney and Sayantani Ghosh SAN FRANCISCO (Reuters) -U.S. President Donald Trump is injecting nearly $9 billion into Intel in exchange for a 9.9% equity stake. But the money - which the struggling chipmaker was slated to receive anyway under a federal funding act - will not be enough for its contract-chipmaking business to flourish,

· 20h · on MSN

Trump says U.S. government taking a 10% stake in tech giant Intel

· 20h · on MSN

Intel responds after Donald Trump says US is getting a 10 percent stake

· 11h

Trump Turns $11.1B in US Government Funds Into a 10% Stake in Downtrodden Intel

President Donald Trump said that Intel has agreed to give the U.S. government a 10% stake in its business.

· 19h

The US government is taking an $8.9 billion stake in Intel

· 10h

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

· 18h

Intel has agreed to give US a 10% stake, Trump says. What does it mean for Arizona?

Intel is expected to receive about $10 billion in CHIPS Act grants from the government to help fund the building of chip plants in the U.S., which makes it roughly equivalent to the value of U.S. sha...

· 14h

President Donald Trump says government will buy stake in Intel

Boise State Public Radio · 21h

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

Iran, Trump and Pete Hegseth

Digest more

· 21h

Defense Secretary Pete Hegseth fires general whose agency’s intel assessment of damage from Iran strikes angered President Donald Trump

Defense Secretary Pete Hegseth has fired a general whose agency’s initial intelligence assessment of damage to Iranian nuclear sites from U.S. strikes angered President Donald Trump, according to two...

· 22h

Hegseth fires general whose agency's intel assessment of damage from Iran strikes angered Trump

· 22h

Report: Pete Hegseth Fires General Whose Agency Undercut Trump's Iran Strike Claims

20hon MSN

Trump Says U.S. Will Take Nearly 10% Equity Stake in Intel

The move comes after days of discussion in Washington about options for the troubled American chip-maker’s future.

The Trump administration’s big Intel investment comes from already awarded grants

While Intel says the government is making an “$8.9 billion investment in Intel common stock,” the administration does not appear to be committing new funds.

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 a Republican administration.”

Intel Stock Adds to Gains After Reports on U.S. Taking Equity Stake in the Company

Intel shares were up about 6% on the day, adding to earlier gains after reports that President Trump is set to announce the U.S. government is taking a nearly 10% stake in troubled chipmaker. The investment would cap a two-week frenzy in Washington over the future of the company.