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https://www.newsday.com/long-island/politics/china-taiwan-tsmc-nvidia-chips-huang-trump-m91608https://finance.yahoo.com/news/nvidias-ceo-says-talks-trump-070801353.htmlhttps://apnews.com/article/china-taiwan-tsmc-nvidia-chips-huang-trump-51467ac87644089788b2447c912552d3
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Highlights
  • The deal funds Intel with $8.9 billion from grants already awarded, tying CHIPS Act incentives to private manufacturing leadership.
  • Intel calls the government stake a passive investment with no board seats or governance rights, leveraging grants rather than new funds.
  • The pact emphasizes a passive ownership structure with no board representation or governance rights for the government.

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References

Nvidia's CEO says it's in talks with Trump administration on a new chip for China

Nvidia's CEO says it's in talks with Trump administration on a new chip for China

Nvidia's CEO says it's in talks with Trump administration on a new chip for China

Nvidia's CEO says it's in talks with Trump administration on a new chip for China

Nvidia's CEO says it's in talks with Trump administration on a new chip for China

Intel stock rises as Trump says chipmaker has agreed to sell stake to government

Intel stock rises as Trump says chipmaker has agreed to sell stake to government

Trump says the US is taking a 10 percent stake in Intel

Trump says the US is taking a 10 percent stake in Intel

Intel shares rise after US government takes 10% stake

Intel shares rise after US government takes 10% stake

Intel shares jump as Trump says US taking 10% stake in struggling chipmaker

Intel shares jump as Trump says US taking 10% stake in struggling chipmaker

'I think the United States should be given 10% of Intel': US president Trump wants a piece of the action, says CEO Lip Bu Tan has already forked over $10 billion because he wants to 'keep his job'

'I think the United States should be given 10% of Intel': US president Trump wants a piece of the action, says CEO Lip Bu Tan has already forked over $10 billion because he wants to 'keep his job'

Intel stock jumps 6% after Trump says chipmaker agreed to a $10 billion deal with the US government

Intel stock jumps 6% after Trump says chipmaker agreed to a $10 billion deal with the US government

U.S. takes 10% stake in Intel, Trump administration says

U.S. takes 10% stake in Intel, Trump administration says

Intel will give the U.S. government a 10% stake, Trump says

Intel will give the U.S. government a 10% stake, Trump says

U.S. gov't will take a 9.9% ownership stake in Intel — Trump administration won't get a board seat and is set to serve as passive investor (Update)

U.S. gov't will take a 9.9% ownership stake in Intel — Trump administration won't get a board seat and is set to serve as passive investor (Update)

Intel agrees to give US a 10% stake in company, Trump says

Intel agrees to give US a 10% stake in company, Trump says

Trump turns $11.1B in US government funds into a 10% stake in Intel

Trump turns $11.1B in US government funds into a 10% stake in Intel

Trump says U.S. government taking a 10% stake in tech giant Intel

Trump says U.S. government taking a 10% stake in tech giant Intel

Trump Says Intel Agreed To Give U.S. A Stake In Its Company

Trump Says Intel Agreed To Give U.S. A Stake In Its Company

Trump White House takes a $10B stake in Intel

Trump White House takes a $10B stake in Intel

Trump Abandons Free Markets to Seize Stake in Major Company

Trump Abandons Free Markets to Seize Stake in Major Company

People are pointing out terrifying similarities after Trump announces government has acquired 10% of Intel

People are pointing out terrifying similarities after Trump announces government has acquired 10% of Intel

The Trump administration's big Intel investment comes from already awarded grants | TechCrunch

The Trump administration's big Intel investment comes from already awarded grants | TechCrunch

Government takes 10% stake in one of US' biggest companies

Government takes 10% stake in one of US' biggest companies

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