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News

Intel, Donald Trump

Reuters · 3h
Did Trump save Intel? Not really
U.S. President Donald Trump is injecting nearly $9 billion into Intel 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,
Newsweek on MSN · 13h
Intel Responds After Donald Trump Says US Is Getting a 10 Percent Stake
Intel's statement followed remarks from Trump that Washington would gain a direct stake in the chipmaker under a new agreement.
The New York Times · 13h
Intel Agrees to Sell U.S. a 10% Stake in Its Business
The deal is among the largest government interventions in a U.S. company since the rescue of the auto industry after the 2008 financial crisis.
15hon MSN

It's official: The US government is taking a 9.9% stake in Intel

A US investment in Intel would be a remarkable development and a rare example of the government taking a stake in a private ...
13hon MSN

Hegseth fires general whose agency’s intel assessment of damage from Iran strikes angered Trump

Defense Secretary Pete Hegseth has fired a general whose agency’s initial intelligence assessment of U.S. damage to Iran ...
14hon MSN

Abxylute will sell an absurd 3D handheld from Intel and Tencent Games for "under $1,700"

"Abxylute claims the product’s specifically optimized to deliver 3D for 50 of the top Steam games," The Verge writes, though ...

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