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News

Intel, Trump and US government

BBC on MSN · 1h
White House announces chipmaker Intel to give US government 10% stake
US Secretary of Commerce Howard Lutnick said on Friday that the federal government will take a 10% stake in Intel.
GBH · 26m
Intel will give the U.S. government a 10% stake, Trump says
The president's highly unusual announcement underscores the Trump administration's desire to take control over U.S. businesses.
The Associated Press on MSN · 1h
Trump says Intel agreed to give US a stake in its company
WASHINGTON -- President Donald Trump said that Intel has agreed to give the U.S. government a 10% stake in its business. Speaking with reporters on Friday, Trump said the deal came out of a meeting last week with Intel CEO Lip Bu Tan — which came days after the president called for Tan to resign over his past ties to China.
30m

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 ...
2don MSN

Nvidia And Intel Lead Tech Stock Drop As White House Reportedly Seeks Equity For CHIPS Grants

Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...
11don MSN

Intel CEO to visit White House after Trump called for his ouster over alleged China ties: report

Intel CEO Lip-Bu Tan is scheduled to visit the White House on Monday following President Donald Trump’s call last week for ...

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