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Trump turns $11.1B in US government funds

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.

Insider on MSN · 23h

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.

The New York Times · 1d

Intel Agrees to Sell U.S. a 10% Stake in Its Business

The deal is among the largest government interventions in a U.S. company since the rescue of the auto industry after the 2008 financial crisis.

1don MSN

U.S. Takes 10% Stake in Intel

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 ...

1d

Analysis-Did Trump save Intel? Not really

U.S. President Donald Trump is injecting nearly $9 billion into Intel in exchange for a 9.9% equity stake. What Intel needs ...

2d

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 ...

2don MSN

TSMC Won’t Be Forced to Give a Stake to the U.S. Where That Leaves Intel.

The Trump administration is backing away from suggestions it could take a stake in TSMC, despite its plans to demand shares ...

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