Intel, SoftBank and White House
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Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.
The U.S. government aims to take an equity stake in Intel, Commerce Secretary Howard Lutnick said Tuesday morning.“We should get an equity stake for our money, so we’ll deliver the money which was already committed under the Biden administration,
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U.S. Government Could Reportedly Become Intel’s Top Shareholder Under New Proposal
The Trump administration is weighing whether to take a 10% ownership stake in Intel, according to a Bloomberg report, a move that could make the U.S. government the chipmaker’s largest shareholder. Officials are discussing converting part or all of Intel’s $10.
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