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Tag: U.S. seeks equity stake in Intel

U.S. seeks equity stake in Intel in return for funding

Posted on August 20, 2025 By admin
U.S. seeks equity stake in Intel in return for funding

White House Press Secretary Karoline Leavitt confirmed Tuesday that Lutnick and the Commerce Department were working on the matter [File] | Photo Credit: REUTERS U.S. Commerce Secretary Howard Lutnick said Tuesday that chipmaker Intel should give the government an equity stake in the company in exchange for grants earlier committed by former president Joe Biden’s…

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