Intel’s $18.8B Loss Becomes $10B Government Stake After CEO White House Visit
The U.S. government will buy a 9.9% stake in Intel, marking an unusual move as the Biden-era CHIPS Act funding transforms into direct ownership of the struggling American chipmaker. President Donald Trump announced the deal Friday after meeting with Intel CEO Lip-Bu Tan at the White House. “He walked in wanting to keep his job … Continue reading Intel’s $18.8B Loss Becomes $10B Government Stake After CEO White House Visit
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