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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 just a couple weeks after he was depicting the company’s CEO as a conflicted leader unfit for the job. “The United States of America now fully owns and controls 10 percent of INTEL, a Great American Company that has an even more incredible future,” Trump wrote in a post. The US government is getting the stake through the conversion of $11.1 billion in previously issued funds and pledges.
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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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ansa.it
Trump, Intel ha accettato di cedere il 10% agli Usa - Ultima ora - Ansa.it
Intel ha accettato di cedere una quota del 10% al governo americano. Lo ha detto Donald Trump. (ANSA)
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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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welt.de
US-Regierung hält zehn Prozent an Intel - WELT
Donald Trump wollte Intel keine Milliarden-Subventionen ohne eine Gegenleistung geben. Nun sind die Vereinigten Staaten zum Anteilseigner des angeschlagenen Chip-Pioniers geworden.
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cnbc.com
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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nytimes.com
Trump Says Intel Has Agreed to Give U.S. a 10% Stake in Its Business
A deal would be among the largest government interventions in a U.S. company since the rescue of the auto industry after the 2008 financial crisis.
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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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elpais.com
Trump afirma que Intel ha acordado ceder al Gobierno de EE UU una participación del 10% en el capital social
El presidente norteamericano celebra un pacto que, según él, revitalizará a una compañía “que se ha quedado atrás”
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arstechnica.com
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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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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bbc.com
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…