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Intel Says US Will Take 10% Stake In Business

Outside a pair of multistory buildings with large glass windows is a large logo display with the word INTEL in blue, against a white base

By Lauren Berg

Intel Corp. announced Friday that it has reached an agreement with the Trump administration for the U.S. government to acquire a 10% stake in its business in exchange for $8.9 billion in previously awarded grants, a move the company says will help it expand the American semiconductor industry.


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