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U.S. Commerce Secretary Howard Lutnick said on Tuesday the government wanted an equity stake in Intel in exchange for cash ...
Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...
Intel shares jumped on Tuesday as investors responded to signals the Trump administration may throw the company’s troubled ...
If it were to happen, Treasury Secretary Scott Bessent said the US wouldn't pressure companies to buy Intel chips. A possible deal would be for the US to exchange $10.9 billion in grants for a stake.
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