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Intel shares jump after report of possible US stake in company

Source: BBC

Shares in Intel jumped by more than 7% on Thursday, following reports that the Trump administration is in talks to take a stake in the chipmaker.The reported deal would support the technology firm's plans to build a manufacturing hub in Ohio, according to Bloomberg, which said the size of the potential stake is not clear.White House spokesman Kush Desai said "discussion about hypothetical deals should be regarded…

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Read the original source at BBC