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The US government's acquisition of a 9.9% stake in Intel, alongside TSMC's exclusion from such equity participation, ...
Intel is incorporated in Delaware ... acts in its own self-interest at the expense of ordinary shareholders. However, when the federal government becomes a controlling shareholder, this framework does ...
Intel’s shares closed up 5.5% last Friday on news of the government’s equity stake, but fell 1% in post-market trading after ...
The stake will be funded by the $5.7 billion in unpaid Chips Act grants and the $3.2 billion award from the Secure Enclave ...
Trump takes 10% of Intel, as Washington becomes Chinatown on industrial policy.
The Chips Act wasn’t about raising revenue, and an equity share wouldn’t enhance national security.
WASHINGTON (AP) — President Donald Trump on Friday announced the U.S. government has secured a 10% stake in struggling ...
The U.S. government is converting CHIPS Act grants into an $8.9 billion equity stake in Intel, a landmark deal giving the ...
Under the deal, the US government is committing $8.9 billion to purchase Intel stock, which would give the government a 9.9% ...
Sure, except when Trump picks up the phone and tells you what to do! Intel said the government's equity stake will be funded by the remaining $5.7 billion in grants previously awarded but not yet paid ...
PHOENIX — President Donald Trump is getting clobbered from the left and the right for his decision to acquire a 10% stake in ...