Trump Administration Mulls Stake in Intel, Shares Soar

Aug 15, 2025
CNN
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Summary

The Trump administration explores acquiring a stake in Intel, sending the chipmaker's shares soaring over 7% as the potential deal could provide a boost to the struggling semiconductor company.

Key Points

  • The Trump administration discusses taking a stake in Intel
  • Intel shares climb over 7% on the report
  • The potential deal could bolster the struggling chipmaker

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