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Why 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%.
Key Takeaways Intel shares lost ground to start the week after surging Friday following news that the U.S. government had ...
Former Treasury Secretary Larry Summers expressed skepticism over the US government's decision to take a 10% equity stake in ...
Mark Lehmann, Citizens JMP Securities CEO, joins 'Money Movers' to discuss the IPO market and the government's investment in ...
Friday’s news that the Trump administration will pour $9 billion into Intel’s coffers doesn’t solve the underlying issues ...
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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 ...
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 ...
Some experts said that while there is a potential upside to the agreement, it represents a new standard for presidential ...
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