Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Trump administration says it will discuss acquiring 10% stake in Intel

Trump administration says it will discuss acquiring 10% stake in Intel

CointimeCointime2025/08/18 22:05
By:Cointime

according to a White House official and other sources, the Trump administration is discussing acquiring about 10% of Intel's shares (INTC.O), a move that could make the United States the largest shareholder of this struggling chip maker. Sources said the federal government is considering a potential investment in Intel, which would involve converting part or all of the funding the company received from the "American Chips and Science Act" into equity. Intel had previously been allocated $10.9 billion in funding from the "Chip Act" for commercial and military production. This figure is roughly enough to cover the target stake. Based on Intel's current market value, a 10% stake in the chip maker is worth about $10.5 billion. Sources said the exact size of the equity stake, and whether the White House chooses to move forward with the plan, is still evolving.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!