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Trump thinks owning piece of Intel would be good deal for US

Trump thinks owning a piece of Intel would be a good deal for the US. Here's what to know

President Donald Trump wants the U.S. government to own a piece of Intel, less than two weeks after demanding the Silicon Valley pioneer dump the CEO that was hired to turn around the slumping chipmaker.

unbranded - Newsworthy on MSN · 15h

Trump Admin Considering Taking 10% Stake In Intel.

The White House has confirmed that the Trump administration is exploring a deal that could see the US government acquire a 10% stake in chip giant Intel. US Commerce Secretary Howard Lutnick told CNBC that the potential deal might involve exchanging Intel shares for grants approved during the Biden administration.

PBS · 17h

What to know about Trump’s bid for the U.S. government to own a piece of Intel

The Trump administration is in talks to secure a 10% stake in Intel in exchange for converting government grants that were pledged to Intel under President Joe Biden.

Intel, SoftBank

Forbes on MSN · 1d

Intel Shares Pop 7% As SoftBank Invests $2 Billion And Trump Administration Weighs Stake

A $2 billion investment represents a roughly 2% stake, ranking SoftBank the fifth-largest shareholder of Intel, while a reported 10% stake by the U.S. would be worth about $10.4 billion as of Monday’s share price.

The Washington Post on MSN · 1d

Japanese tech investment giant SoftBank to invest $2 billion in Intel

The U.S. chipmaker has struggled to keep pace in the AI market alongside competitors like Nvidia. Softbank has agreed to buy Intel common stock at $23 per share.

Insider on MSN · 2d

SoftBank is investing $2 billion in Intel as part of its AI bet

Intel is getting a $2 billion investment in common stock from SoftBank, which is betting big on the AI revolution.

11h

US Government Weighs 10% Stake in Intel

The US government is in discussions to potentially take a partial ownership stake in Intel, according to an Aug. 18 report by ...

21hon MSN

Intel’s $24 Billion Rally Sends Valuation to Dot-Com Levels

After months of turbulence, Intel Corp. bulls are finally being rewarded for their patience. But the stock’s sudden rebound ...

18h

Trump confirms US is seeking 10% stake in Intel. Bernie Sanders approves.

After the Trump administration confirmed a rumor that the US is planning to buy a 10 percent stake in Intel, US Senator ...

16hon MSN

U.S. Senator Sanders favors Trump plan to take stake in Intel, others

Liberal U.S. Senator Bernie Sanders on Wednesday threw his support behind President Donald Trump's plan to convert U.S.

15hon MSN

Nvidia And Intel Lead Tech Stock Drop As White House Reportedly Seeks Equity For CHIPS Grants

Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...

1don MSN

Trump administration seeks equity stake in chipmaker Intel

The Trump administration wants U.S. chipmaker Intel to give the federal government an equity stake to receive $8 billion via ...

22hon MSN

Intel Rescue Will Depend on Trump as Investor — and Pitchman

A US government plan to take a stake in Intel Corp. would give the ailing chipmaker a powerful backer, even if a bigger ...