Trump says Intel agreed to give the government 10% of the chipmaker. ‘We do a lot of deals like that. I’ll do more of them’

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• President Trump said Friday that Intel had agreed to give the U.S. government a stake equivalent to 10% of its market cap. Trump’s comments, scant on details, come as the administration has taken a more interventionist role in American companies including U.S. Steel and Nvidia.

President Donald Trump said Friday that American chipmaker Intel had agreed to give the U.S. government a 10% stake, worth roughly $10 billion.