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

US Sanctions Cambodian Senator Linked to Crypto Romance Scam Centers

Thai soldiers stand outside an abandoned scam center in...

Trump Rules Out Use of Nuclear Weapons in Iran War

President Donald Trump waves after landing at Palm Beach...

Day in Photos: Armenian Genocide Memorial, MS-13 Court Hearing, and Morris Dancers

People visit the Tsitsernakaberd Armenian Genocide Memorial in Yerevan,...

US, Partners Issue Warning on Chinas Covert Attacks Using Routers, Smart Devices

In this photo illustration, a hacker types on a...