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Trump, Intel Announce Deal Giving US 10% Stake In Chipmaker | Read

  • 2:05
  • Published On: August 23, 2025
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Chipmaker Intel has agreed to give the US government a 10-percent stake in its business, the company and President Donald Trump announced Friday.

The deal came after Trump's administration said Intel should give Washington an equity stake in exchange for large grants committed when Joe Biden was president.

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