Topic: taxpayer return investment
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US Seeks 10% Stake in Intel, Backed by Bernie Sanders
Senator Bernie Sanders supports a Trump administration proposal for the U.S. government to acquire a 10% stake in Intel, tying CHIPS Act grants to non-voting shares so taxpayers share in profits. The plan, driven by Commerce Secretary Howard Lutnick, aims to boost national and economic security w...
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Trump: US to Take 10% Stake in Intel as CEO Seeks to "Keep His Job"
The U.S. government will acquire a 10% stake in Intel valued at $10 billion, following negotiations between former President Trump and CEO Lip-Bu Tan. This equity arrangement is emerging as a condition for accessing CHIPS Act funds, ensuring taxpayer returns on public investments in the semicondu...
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