Trump strikes US deal to buy 10% of Intel

Trump strikes US deal to buy 10% of Intel

US President Donald Trump. Image US President Donald Trump said on Friday that the US would take a 10% stake in Intel under a deal with the struggling chip maker that converts government grants into an equity share, the latest extraordinary intervention by the White House in corporate America. The deal puts Trump on better…

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Softbank pumps bn into struggling Intel, as Trump eyes stake

Softbank pumps $2bn into struggling Intel, as Trump eyes stake

Intel CEO Lip-Bu Tan. Japanese-based multinational conglomerate SoftBank and US-based chipmaker Intel have signed a definitive securities purchase agreement, under which SoftBank will make a $2 billion investment in Intel common stock. In a joint statement, the organisations say the investment comes as they deepen their commitment to investing in advanced technology and semiconductor innovation…

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Trump weighs US government taking stake in Intel

Trump weighs US government taking stake in Intel

Intel CEO Lip-Bu Tan. Laure Andrillon/Reuters The Trump administration is in talks with Intel to have the US government potentially take a stake in the struggling chip maker, Bloomberg News reported on Thursday, citing people familiar with the plan. Such a move would mark another intervention by US President Donald Trump in industries seen as…

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Intel (INTC) earnings report Q2 2025

Intel (INTC) earnings report Q2 2025

The Intel logo is displayed on a sign in front of Intel headquarters on July 16, 2025 in Santa Clara, California. Justin Sullivan | Getty Images Intel reported second-quarter results on Thursday that beat Wall Street expectations on revenue, as the company’s new CEO Lip-Bu Tan announced significant cuts in chip factory construction. The stock…

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