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Trump Secures 10% US Stake in Intel with $11B CHIPS Act Funds

WebProNews Monday, 25 August 2025 ()
President Trump has secured a 10% stake in Intel for the U.S. government, converting $11.1 billion in CHIPS Act funds into equity to aid the struggling chipmaker amid competition and national security concerns. Intel's shares surged 7%, but the move raises questions about government influence in tech. This could set precedents for future interventions.
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