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Friday, December 5, 2025

Trump admin pours cold water on its hot Intel deal

Trump admin pours cold water on its hot Intel deal

 

The Trump administration wants to help struggling U.S. chipmaker Intel, which today received a $2 billion vote of confidence from Japan’s SoftBank.

  • Its strategy, however, is confusing.

Catch up quick: The U.S. government would soon acquire around a 10% equity stake in Intel, whose products division has been supporting its foundry.

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