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Why Intel warns that government stake may hurt shareholders
On Friday, President Trump struck a deal with Intel. In exchange for around $9 billion in grants that the federal government awarded to the chipmaker during the Biden administration, the U.S. government gets an ownership stake in the company — just shy of 10%.
Trump touts deal giving the US government a 10% stake in downtrodden Intel
WASHINGTON — 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 U.S. stake in Intel does not amount to a complete government takeover. While the federal government has assumed total ...
WASHINGTON (Reuters) - Intel said on Aug. 25 that the U.S. government's 9.9% stake in the chipmaker could pose risks to its ...
In an SEC filing, the chipmaker said the deal could cost it sales and open it up to backlash from other countries, business ...
Intel was represented by law firm Skadden in the chipmaker's agreement for the United States to take an almost 10% equity ...
Intel desperately needs a long-term strategy. The U.S. government’s deal to take a nearly 10% stake in the company—with a ...
18hon MSN
The U.S. stake in Intel may be the beginning of a U.S. sovereign wealth fund, Hassett says (updated)
The U.S. government's 10% stake in Intel (INTC) may form the basis of a U.S. sovereign wealth fund, Kevin Hassett, director ...
Intel said on Monday that the 10% stake by the U.S. government in the chipmaker could pose risks to its business, from ...
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