Trump, Intel Agree to 10% U.S. Stake
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Watchdog groups say Intel facilities, data centers being built in Licking County could expose public to chemicals and gases that aren’t being revealed.
The United States government will own a 10% share of common stock in U.S. chipmaker Intel in exchange for $11 billion in already-promised federal funding.
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WCMH Columbus on MSNPresident Donald Trump says government will buy 10% stake in Intel
President Donald Trump spoke out Friday about a potential deal between the federal government and Intel, the chipmaker behind a massive project under construction in
President Donald Trump said Intel Corp. had agreed to give the U.S. government a 10% equity stake in the beleaguered chipmaker, with a formal announcement expected on Friday, according to people familiar with the matter.
Ohio U.S. Sen. Bernie Moreno has joined President Donald Trump in asking for tech giant Intel’s CEO to resign due to his reported ties to the Chinese government. Moreno has also asked for a fraud investigation into Intel’s continued delays on the state’s long-awaited semiconductor manufacturing plant.
Bernie Moreno, who called for an investigation. Two state lawmakers are calling for Intel to provide quarterly updates and a full financial accounting of its Ohio One microchip factories that have been plagued by delays. State Reps. Beryl Brown ...
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NBC4 WCMH-TV on MSNOhio Democrats call for more transparency surrounding Intel project
After continued construction delays and market uncertainty, some Ohio Democrats are casting doubt on Intel’s Ohio One project — and calling for increased accountability. “They will never finish what they’re doing,
Sen. Bernie Moreno has called for an investigation into how semiconductor maker Intel spent federal and state funding for its delayed Ohio factories.
The US government is in discussions to potentially take a partial ownership stake in Intel, according to an Aug. 18 report by Bloomberg. The deal could help accelerate the construction of Intel’s long-delayed semiconductor manufacturing plant in Ohio.
Hoping to bolster Intel’s $28 billion project in central Ohio, President Donald Trump’s administration is considering requesting Intel stock in exchange
Intel’s stock surges on SoftBank investment and potential U.S. government stake. Here’s why the rally could crumble. While an investment from SoftBank Group Corp. and rumors of a U.S. government stake sent Intel’s stock soaring Tuesday, Wall Street remains skeptical that throwing money at the chip maker will usher in a real turnaround.