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Trump Announces Billion Deal With Intel CEO

Donald Trump to testify in New York civil fraud trial

President Donald Trump revealed on Friday that he has struck a significant agreement with Intel CEO Lip-Bu Tan, involving the chipmaker providing the United States with a company stake valued at $10 billion. This deal marks a new model that Trump aims to replicate with other companies in the future.

During discussions with Tan, Trump proposed that Intel pay the US a 10% stake in the company, to which Intel agreed. Trump expressed satisfaction with the deal, stating that it is mutually beneficial for both parties.

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