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Trump administration reportedly weighs 10% stake in Intel via CHIPS Act grants, making government top shareholder
The Trump administration has reportedly floated converting the company's CHIPS and Science Act grants into equity. At Intel's current market value, a 10% stake could be worth roughly $10.4 billion. Read More
Todd Young says Trump’s federal Intel stake violates the CHIPS act he authored
A Republican coauthor of the bipartisan law President Donald Trump used to authorize the federal government to acquire a 10% stake in tech giant Intel said Tuesday that the move violated the ... Read More
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