SANTA CLARA, Calif.--(BUSINESS WIRE)--Intel and Trump Administration Reach Historic Agreement to Accelerate American Technology and Manufacturing Leadership.
CNBC's Eamon Javers reports on U.S. Commerce Secretary Howard Lutnick's announcement that the United States government now owns 10% of Intel.
President Donald Trump said that the U.S. government is looking to take a 10% stake in struggling chipmaker Intel. "They've agreed to do it and I think it's a great deal for them," Trump told reporter
President Donald Trump on Friday said that Intel has agreed to a $10 billion deal with the US government. A deal hasn't been confirmed by Intel.
Intel (INTC) shares surged Friday as President Donald Trump said the struggling chipmaker agreed to allow the U.S. government to take a 10% stake.
Intel Corp. INTC stock climbed more than 6% on Friday after President Donald Trump said the government should acquire roughly a 10% stake in the struggling chipmaker.
Intel Corp (NASDAQ: INTC) is rallying late on Friday after President Donald Trump confirmed the US government has finalised a deal to take a 10% equity stake in the beleaguered chipmaker. The aforemen
President Donald Trump tells reporters at the White House that Intel has agreed to give the US government a 10% equity stake. Sign up for the Washington Edition newsletter to find out how the worlds
Intel Corp. has agreed to the U.S. government taking a stake in the chip maker, President Donald Trump said Friday, not long after he met with the company's chief executive after initially calling for
The Trump administration and Intel (INTC) are set to announce details Friday of an agreement that would see the U.S. government take a stake in the struggling chipmaker, according to a report.
The president's comments follow his calls for the resignation of Intel's chief executive this month.
CNBC's Eamon Javers joins 'The Exchange' to discuss the latest from Trump and Intel's CEO.
President Trump said on Friday that the U.S. government is looking to take a 10% stake in struggling chipmaker Intel. The stock rose earlier after Bloomberg reported that the Trump administration was
The move comes after days of discussion in Washington about options for the troubled American chipmaker's future.
The Trump administration and Intel are poised to announce details of an agreement to give the U.S. government an equity stake in the troubled chipmaker on Friday, Bloomberg News reported, citing peopl
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