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U.S. Government Takes $10 Billion Stake in Intel Under CHIPS Act
U.S. government converts federal subsidies into a $10 billion, 10% equity stake in Intel under the CHIPS Act, pressuring the CEO to boost domestic production.
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US Gov Acquires 9.9% Intel Stake: $8.9B Deal & CHIPS Act
US government acquires 9.9% Intel stake in an $8.9B deal, leveraging CHIPS Act funding. Discover how this unprecedented investment boosts domestic chip manufacturing.
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US Government Buys 10% of Intel: $9B Investment in Chips
US government acquires a 10% stake in Intel for $9 billion, converting CHIPS Act grants. This move aims to bolster American chip manufacturing amidst Intel's struggles and TSMC's dominance.
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