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Trump touts deal giving the US government a 10% stake in downtrodden Intel
WASHINGTON — President Donald Trump on Friday announced the U.S. government has secured a 10% stake in struggling Silicon Valley pioneer Intel in a deal that was completed just a couple weeks after he was depicting the company’s CEO as a conflicted leader unfit for the job.
Why Intel warns that government stake may hurt shareholders
On Friday, President Trump struck a deal with Intel. In exchange for around $9 billion in grants that the federal government awarded to the chipmaker during the Biden administration, the U.S. government gets an ownership stake in the company — just shy of 10%.
Some experts said that while there is a potential upside to the agreement, it represents a new standard for presidential ...
16hon MSN
The U.S. stake in Intel may be the beginning of a U.S. sovereign wealth fund, Hassett says (updated)
The U.S. government's 10% stake in Intel (INTC) may form the basis of a U.S. sovereign wealth fund, Kevin Hassett, director ...
Intel desperately needs a long-term strategy. The U.S. government’s deal to take a nearly 10% stake in the company—with a ...
The United States government will own a 10% share of common stock in U.S. chipmaker Intel in exchange for $11 billion in ...
Walter Isaacson, Tulane University professor and Perella Weinberg advisory partner, criticized the proposed U.S. government ...
Sen. Rand Paul (Ky.), a libertarian-minded Republican, criticized the Trump administration’s push to acquire a stake in U.S.
A $2 billion investment represents a roughly 2% stake, ranking SoftBank the fifth-largest shareholder of Intel, while a ...
Intel looks to be set to get the U.S. government as a shareholder. The Trump administration could pursue equity stakes in ...
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