us-govt-to-buy-10%-stake-in-intel;-trump-on-ceo-lip-bu-tan:-he-wanted-to-keep-his-job

Donald Trump announced the US government’s acquisition of a 9.9% stake in Intel for $8.9 billion, converting grants into equity. This deal, finalized after Trump’s meeting with Intel CEO Lip-Bu Tan, aims to provide Intel with approximately $10 billion to expand US factories.