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President Trump said Friday that Intel has agreed to give the U.S. government a 10 percent stake in the company. “They’ve ...
US Secretary of Commerce Howard Lutnick said on Friday that the federal government will take a 10% stake in Intel.
The Trump administration previously signaled interest in investing in the struggling chip maker and will use funds from Biden ...
Lutnick said the agreement is beneficial to both parties but no details on the arrangement have been released so far.
28mon MSNOpinion
The Donald Trump Administration Is Pondering Equity Stakes in Intel, TSMC, Micron, and Samsung -- and It Sets a Dangerous Precedent
The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average have gone for a wild ride since President Trump took office.
Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...
Conservative radio host Erick Erickson called the equity stake plan “terrible” and said it was “actual socialism happening by ...
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 ...
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