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“BIG NEWS: The United States of America now owns 10% of Intel, one of our great American technology companies,” Lutnick said. “This historic agreement strengthens U.S. leadership in semiconductors, ...
The president's highly unusual announcement underscores the Trump administration's desire to take control over U.S.
Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...
Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.