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While Intel says the government is making an “$8.9 billion investment in Intel common stock,” the administration does not appear to be committing new funds.
Investors momentarily lost their minds on Aug. 22 when President Trump confirmed that the US government was planning to take ...
President Donald Trump's administration on Friday confirmed a massive $11.1B investment in beleaguered U.S. legacy chipmaker ...
President Donald Trump said on Friday the US would take a 10% stake in Intel under a deal with the struggling chipmaker that ...
A federal judge late Friday extended his preliminary injunction that blocks the Trump administration from withholding funds ...
The Manila Times on MSN54m

US to take 10% equity stake in Intel

President Donald Trump said on Friday the US would take a 10-percent stake in Intel under a deal with the struggling chipmaker that converts government grants into an equity share, the latest ...