Trump turns $11.1B in US government funds into a 10% stake in downtrodden Intel
WASHINGTON: President Donald Trump on Friday announced the US government has secured a 10% stake in struggling Silicon Valley pioneer Intel in a deal that was completed just a couple weeks after he was depicting the company’s CEO as a conflicted leader unfit for the job.
“The United States of America now fully owns and controls 10% of INTEL, a Great American Company that has an even more incredible future,” Trump wrote in a post.
