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Trump on Intel Stake Acquisition: No Cost to U.S., Wishes to See Stock Prices Soar
3 week ago /
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Author：小编
U.S. President Trump addressed the U.S. government's stake in Intel via social media, emphasizing that the United States did not incur any costs to Intel but acquired shares valued at roughly $11 billion, with all proceeds benefiting the nation. He remarked, "Why are some individuals displeased with this arrangement? I will continue to secure such beneficial deals for our country." On August 22, the U.S. government concluded an agreement with Intel to acquire a 9.9% stake for approximately $8.9 billion. Trump clarified that part of this investment was sourced from the $5.7 billion allocated by the Chips Act, and the government's investment in Intel is a passive holding, with no involvement in management.
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