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Nancy Tengler

Trump Turns $11.1B in U.S. Government Funds Into a 10% Stake in Intel

Chips

Trump Turns $11.1B in U.S. Government Funds Into a 10% Stake in Intel

The U.S. government is getting the stake through the conversion of $11.1 billion in previously issued funds and pledges.

By Associated Press Aug 23, 2025

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