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Trump says US will take 10% stake in Intel because CEO wants to “keep his job”
Intel has agreed to sell the US a 10 percent stake in the company, Donald Trump announced at a news conference Friday. The US stake is worth $10 billion, Trump said, confirming that the deal was inked following his talks with Intel CEO Lip-Bu Tan.
Just five months into his tenure as Intel’s CEO, Lip-Bu Tan was fighting for his job. Getting to a truce with the president ...
The US government's acquisition of a 9.9% stake in Intel, alongside TSMC's exclusion from such equity participation, ...
1don MSNOpinion
The Donald Trump Administration Is Pondering Equity Stakes in Intel, TSMC, Micron, and Samsung -- and It Sets a Dangerous Precedent
The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average have gone for a wild ride since President Trump took office.
Investment banking firm JPMorgan thinks Intel should walk away from the chip-making business, and push into its Intel Foundry ...
TSMC's leadership in advanced chips, global expansion, and AI-driven demand justify its premium valuation and long-term ...
Yet Intel still matters, as Mr Trump’s interest shows. The most advanced chips, vital for smartphones and AI, are now made ...
Washington links Intel aid to equity stakes, tying financial support to ownership as part of a broader strategy in tech and ...
Intel Corporation's shift to foundry services under CEO Lip-Bu Tan, government support, and market shifts could drive ...
The Trump administration is aiming to take an equity stake in Intel, according to US commerce secretary Howard Lutnick.
Intel Corp. (NASDAQ:INTC) is one of the best data center stocks to buy now. On August 19, SoftBank Group announced a $2 ...
The new funding would be another financial lifeline for Intel, as billions of dollars in investment to expand its contract ...
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