CoinVoice Latest news, sources say that the Trump administration and Intel are set to announce the details of a protocol on Friday that will allow the U.S. government to hold equity in the chip manufacturer. The specifics of this arrangement are not clear. The focus of the negotiations is to convert funding under the Chips and Science Act into approximately 10% government ownership. This transaction will be part of efforts to boost the struggling company, which President Trump believes is vital to U.S. national security. Intel's stock price subiu 5.7%, reaching an intraday high. ( Jin10 )
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CoinVoice Latest news, sources say that the Trump administration and Intel are set to announce the details of a protocol on Friday that will allow the U.S. government to hold equity in the chip manufacturer. The specifics of this arrangement are not clear. The focus of the negotiations is to convert funding under the Chips and Science Act into approximately 10% government ownership. This transaction will be part of efforts to boost the struggling company, which President Trump believes is vital to U.S. national security. Intel's stock price subiu 5.7%, reaching an intraday high. ( Jin10 )