Earlier today, President Trump opined publicly on the US government's equity stake agreement with Intel, terming it a "great deal" that was now likely to be replicated with other semiconductor players. Intel's CEO Lip-Bu Tan and Trump are poised to unfurl the nitty-gritty surrounding this equity deal at a dedicated event in the White House later today. As we've been noting ad nauseum over the past few days, the Trump administration has been looking to acquire a 10 percent stake in Intel. To do so, the administration is planning to convert into equity the $7.9 billion in grants earmarked for […]
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