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Intel Has Agreed To a Deal For US To Take 10% Equity Stake, Trump Says

Friday August 22, 2025. 08:50 PM , from Slashdot
President Donald Trump said on Friday the U.S. would take a 10% stake in Intel under a deal with the struggling chipmaker and is planning more such moves, the latest extraordinary intervention by the White House in corporate America. Reuters: The development follows a meeting between CEO Lip-Bu Tan and Trump earlier this month that was sparked by Trump's demand for the Intel chief's resignation over his ties to Chinese firms.

Read more of this story at Slashdot.
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https://news.slashdot.org/story/25/08/22/1849210/intel-has-agreed-to-a-deal-for-us-to-take-10-equity...

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