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US to Take 10% Equity Stake in Intel

US to take 10% equity stake in Intel, in Trump's latest corporate move

By Aditya Soni, David Shepardson, Andrea Shalal and Max A. Cherney WASHINGTON (Reuters) -President Donald Trump said on Friday the U.S. would take a 10% stake in Intel under a deal with the struggling chipmaker that converts government grants into an equity share,

· 11h

Intel Agrees to Sell U.S. a 10% Stake in Its Business

· 11h · on MSN

Trump says Intel has agreed to give U.S. a 10% stake in the struggling tech company

· 12h

The US government is taking a 10 percent stake in Intel

President Donald Trump says the US government is taking a 10 percent stake in chip maker Intel.

· 1h

White House announces chipmaker Intel to give US government 10% stake

· 9h

Intel secures $8.9B investment from U.S. Government after agreement with Trump administration

· 11h

U.S. takes 10% stake in Intel as Trump flexes more power over big business

The United States will not seek direct representation on Intel's board and pledged to vote with the current Board of Directors on matters requiring shareholder approval, "with limited exceptions," ac...

· 11h

The US government is taking an $8.9 billion stake in Intel

· 15h

Trump Says Intel Agrees to Sell 10% Stake to US Government

Analysis-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. What Intel needs is external customers for its so-called cutting-edge 14A manufacturing process - a tough ask,

16h

Intel Stock Adds to Gains After Reports on U.S. Taking Equity Stake in the Company

Intel shares were up about 6% on the day, adding to earlier gains after reports that President Trump is set to announce the U.S. government is taking a nearly 10% stake in troubled chipmaker. The investment would cap a two-week frenzy in Washington over the future of the company.

2don MSN

Nvidia And Intel Lead Tech Stock Drop As White House Reportedly Seeks Equity For CHIPS Grants

Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money promised under Biden.

2don MSN

Intel in talks with large investors for equity boost at discount, CNBC reports

Intel is in talks with other large investors to receive an equity infusion at a discounted price, CNBC reported on Wednesday, just days after the struggling chipmaker got a $2 billion capital injection from SoftBank Group .