On Aug. 22, the government announced it was converting Intel's CHIPS Act grants into an equity stake. Shareholders will be diluted about 8.9%, and over 10% when factoring another $2 billion investment ...
President Donald Trump speaks in the Oval Office of the White House in Washington, DC, US, on Friday, Aug. 22, 2025. © Photographer: Annabelle Gordon/UPI/Bloomberg ...
President Donald Trump said Intel’s CEO has agreed to give the U.S. government roughly 10 percent of the chipmaker in an extraordinary intervention of the federal government into a private tech ...
The Trump administration last month took a 10% stake in chipmaker Intel. It's not the first time the government has taken a stake in a U.S. firm, but the circumstances are unusual and the desired ...
WASHINGTON (Reuters) - Intel said on Aug. 25 that the U.S. government's 9.9% stake in the chipmaker could pose risks to its business, from potentially harming international sales to limiting its ...