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Intel warns Trump-backed US stake could hurt international sales, future grants
WASHINGTON (Reuters) - Intel said on Aug. 25 that the U.S. government's 9.9% stake in the chipmaker could pose risks to its business, from potentially harming international sales to limiting its ability to secure future government grants.
Wall Street analysts don't expect the money alone to turn around Intel's business, which has suffered from years of declining ...
U.S. President Donald Trump said he wants to make more investments in healthy U.S. companies on Monday. Whether Corporate ...
The president defends his arrangement for the US to own a 10% stake in Intel as some critics, including former Biden ...
In a pointed Truth Social post Monday, Trump claimed he had “paid zero for Intel,” though according to a joint press release ...
12hon MSN
Did Trump save Intel? Not really
U.S. President Donald Trump is injecting nearly $9 billion into Intel (INTC.O), opens new tab in exchange for a 9.9% equity ...
The Trump administration has converted CHIPS Act funding for Intel into an equity stake in the company, shifting industry ...
The US investment in Intel is a rare example of the government taking a stake in a private company. INTC closed up on Friday ...
Under the deal announced Friday, the U.S. government will become Intel’s largest shareholder as nearly $9 billion in grants ...
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