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Intel, Trump and US government

Trump turns $11.1B in US government funds into a 10% stake in downtrodden Intel

President Donald Trump on Friday announced the U.S. government has secured a 10% stake in struggling Silicon Valley pioneer Intel in a deal completed just a couple weeks after he depicted the company’s CEO as a conflicted leader unfit for the job.

CBS News on MSN · 2d

Trump says U.S. government taking a 10% stake in tech giant Intel

Speaking with reporters on Friday, President Trump said the deal came out of a meeting last week with Intel CEO Lip Bu Tan.

Reuters on MSN · 57m

Did Trump save Intel? Not really

SAN FRANCISCO, Aug 23 (Reuters) - U.S. President Donald Trump is injecting nearly $9 billion into Intel (INTC.O) in exchange for a 9.9% equity stake. But the money - which the struggling chipmaker was slated to receive anyway under a federal funding act - will not be enough for its contract-chipmaking business to flourish, analysts said.

1hon MSN

Trump’s Intel Move Blurs Party Lines on Economic Intervention

One critic calls the stake in the chip maker “socialism with an R next to its name.” ...

2don MSN

Trump Poised to Unveil Intel Deal for Equity Stake on Friday

The Trump administration and Intel Corp. are poised to announce details on Friday of an agreement to give the US government ...

Intel is drawing investment interest from Trump and others. What it means for AZ

The back-to-back news items signal a public and private sector commitment to domestic semiconductor production and underscore ...

19hon MSN

Maria Bartiromo warns Trump's Intel deal is 'raising eyebrows'

Sunday Morning Futures' anchor Maria Bartiromo joins 'Fox & Friends Weekend' to analyze the backlash to President Donald Trump announcing a stake in Intel.

Trump's $11 Billion Intel Investment Doesn't Guarantee Tech Gain But Prevents Valuation 'Pain,' Says Leading Analyst

Ming-Chi Kuo says Trump's $11 billion Intel stake is a strategic vote of confidence that raises the chipmaker's valuation ...

1don MSN

Hegseth fires general whose agency's intel report on strikes in Iran angered Trump

Defense Secretary Pete Hegseth has fired a general whose agency's initial intelligence assessment of U.S. damage to Iran ...

Lara Trump: For almost a decade, America watched its intel agencies 'twist' into a 'political weapon'

Fox News host Lara Trump says President’s Intelligence Advisory Board chair Devin Nunes was right all along when it came to ...

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