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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%.
WASHINGTON (Reuters) - Intel said on Aug. 25 that the U.S. government's 9.9% stake in the chipmaker could pose risks to its ...
Mark Lehmann, Citizens JMP Securities CEO, joins 'Money Movers' to discuss the IPO market and the government's investment in ...
Former Treasury Secretary Larry Summers expressed skepticism over the US government's decision to take a 10% equity stake in ...
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 ...
(Reuters) -The Trump administration and Intel are poised to announce details of an agreement to give the U.S. government an ...
In an SEC filing, the chipmaker said the deal could cost it sales and open it up to backlash from other countries, business ...
Intel was represented by law firm Skadden in the chipmaker's agreement for the United States to take an almost 10% equity stake deal in the company, according to documents filed on Monday with the U.S ...
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