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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%.
In an SEC filing, the chipmaker said the deal could cost it sales and open it up to backlash from other countries, business ...
President Trump is thinking way outside the box, forming a national fund that could pay for government functions with market ...
Intel remained a market focus on Monday with President Trump saying he loved to see the company's stock price go up after the ...
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 ...
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