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US government takes 10 percent stake in Intel in exchange for money it was already on the hook for
Blurring the lines between business and government.
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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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cnbc.com
Trump eyes U.S. government stakes in other chip makers that received CHIPS Act funds: Reuters
U.S. Commerce Secretary is looking into the federal government taking equity stakes in computer chip manufacturers that receive CHIPS Act funding.
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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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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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theverge.com
US government takes 10 percent stake in Intel in exchange for money it was already on the hook for
Blurring the lines between business and government.
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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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aljazeera.com
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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ft.com
US to take 10% stake in troubled chipmaker Intel
Equity investment of $8.9bn marks the Trump administration’s latest corporate intervention
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US government announces 10% stake in chipmaker Intel
President Trump earlier said the company's CEO agreed to the deal in a recent meeting at the White House.
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wired.com
The Trump-Intel Deal Is Official
The $8.9 billion investment gives the US government a roughly 10 percent equity stake in Intel.
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theguardian.com
Trump says Intel has agreed to give US government a 10% stake
Unprecedented deal comes after president demanded CEO Lip-Bu Tan to resign over his ties to Chinese firms
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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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corriere.it
Il governo Usa compra il 10% di Intel per 8,9 miliardi
Trump: «Un grande affare per l’America e anche per Intel. I semiconduttori sono fondamentali per il futuro del nostro Paese». L’ingresso non prevede poteri di governance
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upi.com
Intel agrees to give U.S. 10% stake in operations - UPI.com
The United States government will own a 10% share of common stock in U.S. chipmaker Intel in exchange for $11 billion in already-promised federal funding.
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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.
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arabnews.com
Trump turns $11.1 billion in US government funds into a 10 percent stake in downtrodden Intel
WASHINGTON: President Donald Trump on Friday announced the US government has secured a 10 percent stake in struggling Silicon Valley pioneer Intel in a deal that was completed…
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White House's Hassett says government likely to continue taking stakes in companies similar to Intel deal
The stake in Intel is part of a broader strategy to create a sovereign wealth fund that could include more companies, Hassett said Monday.
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Intel says US govt stake could hurt sales, White House hints at more deals
White House economic adviser Kevin Hassett says the US could take stakes in other companies in the sector.