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US govt takes 9.9% stake in Intel with $8.9 billion investment
short by Anmol Sharma / on 23 Aug 2025,Saturday
The US government has taken a 9.9% stake in Intel, investing $8.9 billion in the chipmaker. The announcement was made jointly by US President Donald Trump and Intel on Friday. "Building leading edge semiconductors and chips, which is what Intel does, is fundamental to the future of our Nation," Trump wrote on Truth Social.
short by Anmol Sharma / 01:19 pm on 23 Aug
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