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Trump confirms US is seeking 10% stake in Intel. Bernie Sanders approves.
Trump vowed to kill CHIPS Act. Instead, he’s found a way to salvage it.
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cnbc.com
Trump administration reportedly weighs 10% stake in Intel via Chip Act grants, making government top shareholder
The Trump administration is reportedly discussing a deal to take a 10% stake in Intel, which could potentially leverage Chips Act funding as part of the equity.
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theguardian.com
US pursuing stake in struggling chipmaker Intel, commerce secretary says
Trump administration looking to convert funding from Chips Act into equity in the semiconductor manufacturer
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upi.com
Trump administration seeks an equity stake in chipmaker Intel - UPI.com
The Trump administration wants U.S. chipmaker Intel to give the federal government an equity stake to receive $8 billion via the CHIPS and Science Act.
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bbc.com
US in talks over 10% Intel stake, White House confirms
The potential deal could involve swapping government grants for shares in the chip making giant.
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fortune.com
Trump in talks for government to take 10% stake in Intel: What we know
Commerce Secretary Howard Lutnick told CNBC that the government has no intention of meddling in Intel's business, and will have its hands tied by holding non-voting shares.
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arstechnica.com
Trump confirms US is seeking 10% stake in Intel. Bernie Sanders approves.
Trump vowed to kill CHIPS Act. Instead, he’s found a way to salvage it.
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aljazeera.com
US Senator Bernie Sanders backs Trump plan for government stake in Intel
The new stake in the tech giant aims to increase US semiconductor chip production.
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scmp.com
Trump says Intel has agreed to deal for US to take 10% equity stake
The move marks a clear change of direction just weeks after Trump called for CEO Lip-Bu Tan to resign over his ties to Chinese firms.
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Intel stock rises as Trump says chipmaker has agreed to sell stake to government
President Trump said on Friday that the U.S. government is looking to take a 10% stake in struggling chipmaker Intel.
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Trump says US to take 10 percent stake in Intel
The extraordinary development follows a meeting between CEO Lip-Bu Tan and Trump after he called for Tan’s removal.
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huffpost.com
Trump Says Intel Agreed To Give U.S. A Stake In Its Company
President Donald Trump said that Intel has agreed to give the U.S. government a 10% stake in its business.
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Trump says US will take 10% stake in Intel because CEO wants to “keep his job”
Intel deal could pave the way for the US to profit off CHIPS Act funding.
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usatoday.com
Trump says Intel has agreed to give U.S. a 10% stake in the struggling tech company
Intel is expected to receive about $10 billion in CHIPS Act grants from the government to help fund the building of chip plants in the U.S.
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Trump's Intel deal has already gioven the government a $1.9 billion gain on paper
The government is getting 433.3 million shares of non-voting stock priced at $20.47 apiece — a discount from Friday's closing price at $24.80.