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The stake will be funded by the $5.7 billion in unpaid Chips Act grants and the $3.2 billion award from the Secure Enclave ...
Under the deal, the US government is committing $8.9 billion to purchase Intel stock, which would give the government a 9.9% ...
Intel is expected to receive about $10 billion in CHIPS Act grants from the government to help fund the building of chip ...
WASHINGTON -- President Donald Trump said that Intel has agreed to give the U.S. government a 10% stake in its business.
The Silicon Valley chipmaker’s journey from icon to a government project, with the sale of a 10 percent stake to the Trump ...
On Friday afternoon, Intel confirmed what everyone already knew: that the U.S. government is taking the unprecedented step of ...
The US investment in Intel is a rare example of the government taking a stake in a private company. INTC closed up on Friday ...
Intel has agreed to the U.S. government taking a stake in it, President Donald Trump and the company announced Friday, ...
“BIG NEWS: The United States of America now owns 10% of Intel, one of our great American technology companies,” Lutnick said. “This historic agreement strengthens U.S. leadership in semiconductors, ...
Treasury secretary Bessent said that stabilization would be the goal of any U.S. stake in the troubled chipmaker.