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What did Trump say about Intel?

Asked 4 hours ago

Answer

Trump discussed the possibility of the U.S. government taking an equity stake in Intel after meeting with its CEO. He previously called for the CEO's resignation over investments in Chinese tech firms. Trump believes federal investment could support Intel, but analysts note it may not solve the company's core manufacturing challenges.

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Trump admin reportedly eyes Intel stake

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  • The Trump administration is reportedly considering taking an equity stake in Intel. 11s
  • Intel continues to face challenges in advanced chip manufacturing compared to competitors. 27s
  • Federal investment may provide short-term support but is unlikely to solve Intel's core issues. 1m 16s
  • There are rumors about strategic changes for Intel, including a shift to a fabless model and outside investment, but these remain unconfirmed. 2m 6s
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References

Trump admin reportedly eyes Intel stake
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CNBC
5 hours ago
Trump admin reportedly eyes Intel stake

The president is reportedly looking to take a stake in Intel after meeting with the CEO, following his earlier call for the CEO's resignation.

Trump admin reportedly eyes Intel stake
Icon
CNBC
5 hours ago
Trump admin reportedly eyes Intel stake

Trump is considering more support for Intel in the form of an equity stake, potentially funding it through existing Chipsack money.

Trump weighing a U.S. stake in Intel
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Reuters
14 hours ago
Trump weighing a U.S. stake in Intel

The report of a possible U.S. government stake in Intel came after a meeting between Trump and Intel CEO Li Pu Tan, days after Trump publicly demanded Tan's resignation over investments in Chinese tech companies.

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