Trump: Intel Strikes Deal with U.S. for 10 Percent Equity Stake
President Donald Trump on Friday said that United States government would take a ten percent stake in Intel as part of a deal.
Lip-Bu Tan
Trump Administration Considers 10% Stake in Intel as SoftBank Invests $2 Billion
The Trump administration continues to explore taking an equity stake in chipmaker Intel, with the latest reports putting the potential ownership position at 10 percent. This could make the U.S. government the company’s largest shareholder. At the same time, Japanese investment powerhouse SoftBank is pumping $2 billion into the chipmaker.
Report: Trump Administration in Talks to Buy Stake in Intel to Produce High-Tech American Jobs
The Trump administration is reportedly in discussions to buy a stake in beleaguered chipmaker Intel to help shore up the company’s delayed factory project in Ohio, according to people familiar with the plan.
Trump Praises China-Linked Intel CEO After ‘Very Interesting’ WH Meeting – Called for His Resignation Days Ago
President Donald Trump has changed his position on Intel CEO Lip-Bu Tan following a meeting between the two at the White House.
‘Resign, Immediately:’ Trump Calls on Intel CEO Lip-Bu Tan to Step Down over China Ties
President Donald Trump has called on Intel CEO Lip-Bu Tan to resign because of his past ties to China, the latest challenge to hit the troubled chip maker.
