The Trump administration continues to explore taking an equity stake in chipmaker Intel, with the latest reports putting the potential ownership position at 10 percent. This could make the U.S. government the company’s largest shareholder. At the same time, Japanese investment powerhouse SoftBank is pumping $2 billion into the chipmaker.
Bloomberg reports that the Trump administration is continuing discussions to acquire a stake of approximately 10 percent in Intel, according to sources familiar with the matter. The potential investment, which would convert grants made under the U.S. Chips and Science Act into equity, comes as Japan’s…
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