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Why Intel warns that government stake may hurt shareholders
On Friday, President Trump struck a deal with Intel. In exchange for around $9 billion in grants that the federal government awarded to the chipmaker during the Biden administration, the U.S. government gets an ownership stake in the company — just shy of 10%.
Trump says he wants "many more cases" like Intel deal where government takes stake in company
President Trump said Monday that he hopes to have more deals like the agreement announced with tech company Intel last week that gave the U.S. government a 10% stake in the company. Peggy Collins, Washington bureau chief for Bloomberg News,
Key Takeaways Intel shares lost ground to start the week after surging Friday following news that the U.S. government had ...
WASHINGTON (Reuters) - Intel said on Aug. 25 that the U.S. government's 9.9% stake in the chipmaker could pose risks to its ...
Some experts said that while there is a potential upside to the agreement, it represents a new standard for presidential ...
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Trump Vows More Corruption Is Coming in Unhinged Rant on Intel Deal
Last week, the government took a 10 percent stake in the company, purchasing 433.3 million shares for a total price of $8.9 ...
The U.S. government acquired a 10% stake in Intel, converting previously awarded grants into equity, a move hailed by ...
Conservative radio host Erick Erickson called the equity stake plan “terrible” and said it was “actual socialism happening by ...
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