Trump says Intel agreed to a $10 billion deal with the US government, sending stock up over 6%
1. US government invests $8.9 billion, acquiring 9.9% of Intel. 2. Investment reflects confidence in Intel's role in domestic semiconductor industry. 3. Previous CHIPS grants bring total government investment to $11.1 billion. 4. Intel stock rose nearly 6% following announcement, showing positive investor sentiment. 5. Government stake will be passive, with no board representation or governance rights.