Trump Eyes $10B Stake In Intel: Can Washington Save America’s Chip Giant?

The idea is to turn some or all of Intel’s promised Chips and Science Act grants into government-owned shares. Intel has been approved for $10.9 billion in grants and can also access up to $11 billion in loans under the 2022 law. At today’s stock value, a 10 percent stake in Intel would be worth about $10.5 billion.
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