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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 touts deal giving the US government a 10% stake in downtrodden Intel
WASHINGTON — President Donald Trump on Friday announced the U.S. government has secured a 10% stake in struggling Silicon Valley pioneer Intel in a deal that was completed just a couple weeks after he was depicting the company’s CEO as a conflicted leader unfit for the job.
Some experts said that while there is a potential upside to the agreement, it represents a new standard for presidential ...
Intel outlined several risks it faces as the US takes a nearly 10% stake in the company, like diluting shares or hurting its ...
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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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