U.S. government takes 10% stake in Intel, as Trump expands control over private sector

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Commerce Secretary Howard Lutnick said that the U.S. government has taken a 10% stake in Intel.

President Donald Trump and Intel CEO Lip-Bu Tan are set to meet.
Earlier this week, Intel announced that SoftBank would make a $2 billion investment in the chipmaker.

Read more at www.cnbc.com

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