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Associated Press

Trump Administration Vying to Own a Big Stake in Intel after SoftBank's $2 Billion Bet on Company

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The Associated Press

11:26 JST, August 20, 2025

SAN FRANCISCO (AP) — U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley pioneer Intel in an unusual deal that would deepen the Trump administration’s financial ties with major computer chip manufacturers and punctuate a dramatic...

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