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US President Donald Trump is injecting nearly $9 billion into Intel in exchange for a 9.9 percent equity stake. But the money - which the struggling chipmaker was slated to receive anyway under a ...
Investing.com-- The Dow closed at a record high Friday, as revived hopes for a September rate cut pushed Treasury yields lower and tech stocks higher after Federal Reserve Chair Jerome Powell signaled ...
Under the deal, the US government is committing $8.9 billion to purchase Intel stock, which would give the government a 9.9% ...
US President Donald Trump is injecting nearly $9 billion into Intel in exchange for a 9.9 percent equity stake. But the money ...
PHOENIX — President Donald Trump is getting clobbered from the left and the right for his decision to acquire a 10% stake in ...
The US investment in Intel is a rare example of the government taking a stake in a private company. INTC closed up on Friday ...
Intel Corporation (NASDAQ:INTC) shares jumped higher on Friday after President Donald Trump announced the chipmaker had agreed to a deal for the U.S. to take a nearly 10% stake in the chipmaker. The ...
Intel has agreed to the U.S. government taking a stake in it, President Donald Trump and the company announced Friday, ...
Investors momentarily lost their minds on Aug. 22 when President Trump confirmed that the US government was planning to take ...
Trump’s deal would give the US government a 10% stake in Intel in exchange for federal subsidies included in the 2022 CHIPS ...
President Donald Trump said on Friday the US would take a 10% stake in Intel under a deal with the struggling chipmaker that ...