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· 6hWhy Intel warns that government stake may hurt shareholders
On Friday, President Trump struck a deal with Intel. In exchange for around $9 billion in grants that the federal government awarded to the chipmaker during the Biden administration, the U.S. government gets an ownership stake in the company — just shy of 10%.
Intel outlined several risks it faces as the US takes a nearly 10% stake in the company, like diluting shares or hurting its ...
In an SEC filing, the chipmaker said the deal could cost it sales and open it up to backlash from other countries, business ...
The New Republic on MSN8h
Trump Vows More Corruption Is Coming in Unhinged Rant on Intel Deal
Last week, the government took a 10 percent stake in the company, purchasing 433.3 million shares for a total price of $8.9 ...
Intel remained a market focus on Monday with President Trump saying he loved to see the company's stock price go up after the ...
The U.S. government acquired a 10% stake in Intel, converting previously awarded grants into equity, a move hailed by ...
Conservative radio host Erick Erickson called the equity stake plan “terrible” and said it was “actual socialism happening by ...
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