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Trump turns $11.1B in US government funds

U.S. takes 10% stake in Intel as Trump flexes more power over big business

The semiconductor maker has struggled to keep up in the artificial intelligence boom with rivals such as Nvidia and AMD.

Associated Press News on MSN · 1d

Trump turns $11.1B in US government funds into a 10% stake in downtrodden Intel

President Donald Trump on Friday announced the U.S. government has secured a 10% stake in struggling Silicon Valley pioneer Intel in a deal completed just a couple weeks after he depicted the company’s CEO as a conflicted leader unfit for the job.

CBS News on MSN · 1d

Trump says U.S. government taking a 10% stake in tech giant Intel

Speaking with reporters on Friday, President Trump said the deal came out of a meeting last week with Intel CEO Lip Bu Tan.

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Haley condemns Trump admin’s Intel deal as ‘what not to do’

Former Republican presidential candidate Nikki Haley condemned the Trump administration’s decision to take a 10 percent stake ...

2don MSN

Sen. Chris Coons on China chip sales, U.S. government stake in Intel and Fed Gov. Lisa Cook

Sen. Chris Coons (D-Del.) joins 'Squawk Box' to discuss President Trump's deal to allow Nvidia and AMD to sell chips to China ...

1dOpinion

The Intel deal is a mistake

This deal is the culmination of America’s resurgent interest in industrial policy, the same interest we always develop when ...

Trump’s Intel CEO clash reflects pattern of politically charged 'China ties' accusations

President Donald Trump on Aug. 7 called for Intel CEO Lip Bu Tan to resign, accusing him of being “highly conflicted” over ...

15d

Trump demands 'highly conflicted' Intel CEO resign over China ties

A change in leadership could pile pressure on the company as it pushes through a major strategic reset that Lip-Bu Tan ...

15don MSN

How Intel’s CEO Helped Create China’s Chip Industry

Lip-Bu Tan’s venture-capital firm has supported some of the biggest names in China’s chip industry. With U.S.-China tensions running high, those investments no longer look so benign.

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