Trump Says US Will Snag $10 Billion Ownership Stake In Massive Chips Manufacturer
August 22, 2025 5:43 PM ET President Donald Trump said Friday the U.S. will take a 10% equity stake in Intel under a deal the White House plans to announce later in the day, and signaled more such moves could be coming. A 10% slice would be worth roughly $10 billion at current prices and
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