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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%.
Key Takeaways Intel shares lost ground to start the week after surging Friday following news that the U.S. government had ...
In a pointed Truth Social post Monday, Trump claimed he had “paid zero for Intel,” though according to a joint press release ...
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 ...
(Reuters) -The Trump administration and Intel are poised to announce details of an agreement to give the U.S. government an ...
Some experts said that while there is a potential upside to the agreement, it represents a new standard for presidential ...
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