Trump says US will take 10% stake in Intel because CEO wants to “keep his job”

Ars Technica
By Ashley BelangerAug 22, 2025, 4:14 pm137 pts
Intel has agreed to sell the US a 10 percent stake in the company, Donald Trump announced at a news conference Friday. The US stake is worth $10 billion, Trump said, confirming that the deal was inked following his talks with Intel CEO Lip-Bu Tan. Trump had previously called for Tan to resign, accusing the CEO…

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