US government announces 10% stake in chipmaker Intel
Source: BBC
US Secretary of Commerce Howard Lutnick said on Friday that the federal government will take a 10% stake in Intel."This historic agreement strengthens US leadership in semiconductors, which will both grow our economy and help secure America's technological edge," Lutnick wrote on X in a post accompanied by a photo of himself with Intel CEO Lip-Bu Tan.Shares of the Santa Clara, California-based chipmaker soared in…
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