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#intel #tech #stock #stocks #usgovernment
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00:00The U.S. government, via the Trump administration, has secured a 10% equity stake in Intel,
00:06converting billions in previously allocated Chips Act grants into the stock purchase to
00:10accelerate American semiconductor manufacturing and technology leadership. This landmark agreement,
00:16which gives the government approximately a 10% ownership in Intel, marks a significant shift
00:21in U.S. industrial policy, aiming to strengthen the domestic chip supply chain amid rising
00:26geopolitical tensions and the U.S.-China chip war.
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