Trump says Intel has agreed to deal with 10% equity stake; Intel shares increase by 6%

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Trump says Intel has agreed to deal with 10% equity stake; Intel shares increase by 6%

President Donald Trump said on Friday that Intel will take 10% stake in a deal with the US -struggling chipmaker, and the latest extraordinary intervention by the White House in Corporate America is planning such a move.

A source familiar with the matter said, “The official announcement on the arrangement is expected after.”

Vikas followed a meeting between CEO Lip-Bu Tan and Trump earlier this month, which was stimulated by Trump’s demand for the Intel Chief’s resignation on their relations with Chinese companies.

“He wanted to keep a job and gave us $ 10 billion for the United States,” Trump said on Friday.

Intel, whose stock has risen more than 6%, refused to comment.

This step follows the Billion $ 2 billion capital injection of the Softbank group in which the US in the middle of the turnaround is in trouble. There was a great deal of confidence for the chipmaker.

Analysts said that federal baking can give Intel more breathing rooms to revive its damage-building business, analysts said, but they still suffer from poor production paths and challenges to attract customers to its new factories.

Trump met with Intel CEO Lip-Boo Tan on August 11th Gust has taken an unprecedented approach to national security.

The US president has forced the connection of the Multibilean de Dollar Lar government in semiconductors and rare earths, such as a pay-for-play deal with NVIDAAAAA and a rare-domestic manufacturer MP to protect complex minerals.

In March, the top job of Intel has been entrusted with the task of rotating an American chipmaking icon, which reported an annual.8 18.8 billion in 2024 – the first loss of since 1986. The last financial year of the company’s positive adjusted free cash flow was 2021.

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