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Trump wants more investment deals like Intel’s, worrying business community
The White House announced a near-10 per cent stake in chipmaker Intel on Friday that converts government grants into an equity share.
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fortune.com
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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cnbc.com
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 Trump deal has risks for shareholders, international sales
President Donald Trump called the agreement "a great Deal for America" and said the building of advanced chips "is fundamental to the future of our Nation."
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scmp.com
Trump wants more investment deals like Intel’s, worrying business community
The White House announced a near-10 per cent stake in chipmaker Intel on Friday that converts government grants into an equity share.
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bbc.com
Why Trump's Intel deal breaks with American tradition
The government's stake in the computer chip maker is not without precedent, but it puts Trump at odds with some conservatives.
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Intel gets $5.7 billion from Trump deal as White House says details are 'being ironed out'
White House press secretary Karoline Leavitt said the Intel deal is still "being ironed out by the Department of Commerce."