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Trump trumpets deal giving US a 10% stake in downtrodden Intel
WASHINGTON (AP) — President Donald Trump on Friday announced the U.S. government has secured a 10% stake in struggling Silicon Valley pioneer Intel in a deal that was completed just a couple weeks after he was depicting the company’s CEO as a conflicted leader unfit for the job.
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, the US government is committing $8.9 billion to purchase Intel stock, which would give the government a 9.9% ...
The Silicon Valley chipmaker’s journey from icon to a government project, with the sale of a 10 percent stake to the Trump ...
Intel shares were up about 6% on the day, adding to earlier gains after reports that President Trump is set to announce the U ...
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Investors Heavily Search Intel Corporation (INTC): Here is What You Need to Know
Intel (INTC) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of ...
U.S. Treasury Secretary Scott Bessent on Tuesday said any U.S. investment in Intel would be aimed at helping the troubled ...
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