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GOP senator: US stake in Intel would be ‘step toward socialism’
Sen. Rand Paul (Ky.), a libertarian-minded Republican, criticized the Trump administration’s push to acquire a stake in U.S. chipmaker Intel, suggesting the move would be a “step toward socialism.” “If socialism is government owning the means of production,
Intel looks to be set to get the U.S. government as a shareholder. The Trump administration could pursue equity stakes in ...
The U.S. government wants an equity stake in Intel in exchange for cash grants approved during the administration of former ...
SoftBank is investing $2 billion in Intel, even as the White House is considering taking a 10% stake in chipmaker per reports ...
Commerce Secretary Howard Lutnick confirmed discussions between the US and Intel Corp. for the government to take a stake in ...
Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.
Intel shares are trading marginally lower Monday. The stock is digesting significant gains fueled by reports that the Trump ...
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