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NBC News
Tuesday, August 19, 2025
U.S. seeks equity stake in Intel, commerce secretary says

The U.S. government aims to take an equity stake in Intel, Commerce Secretary Howard Lutnick said. The government would not get a voting stake with the investment or the rights to direct the company’s operations, he told CNBC.

The investment would be the latest dramatic twist in the administration’s relationship with Intel after President Donald Trump attacked CEO Lip-Bu Tan and demanded his resignation over alleged ties to China.

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