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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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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.
