0.4 C
Ottawa
Friday, March 6, 2026

US Made $40 Billion From Intel Deal, Trump Says

Date:

The Trump administration touts a ‘capex boom’ during the latest Cabinet meeting.The Intel logo is displayed outside of the Intel headquarters in Santa Clara, Calif., on July 26, 2025. The Trump administration took equity stakes in the semiconductor giant in August. Gary Wang/The Epoch Times12/2/2025|Updated: 12/2/2025President Donald Trump said on Dec. 2 that the U.S. government made $40 billion from its deal with chipmaker Intel.The president, speaking during his Cabinet meeting, told reporters that the head of Intel visited him to discuss problems the company had been facing.Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of “The War on Cash.”Author’s Selected Articles

spot_imgspot_imgspot_img

Share post:

More like this
Related

Trump Says US Defense Contractors to Quadruple Munitions Production As Rapidly as Possible

A Terminal High Altitude Area Defense (THAAD) launching station...

US Customs Expects Tariff Refund System to Go Online in 45 Days

Shipping cranes stand above container ships loaded with shipping...

Provincial Budgets Cast Doubt on Beijings Economic Projections for 2026

Milton EzratiAuthorMilton Ezrati is a contributing editor at The...

Private Credit Pressures Mount as BlackRock Limits Client Redemptions

InvestmentMarket watchers and policymakers wonder if trouble is brewing...