this post was submitted on 24 Aug 2025
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U.S. takes 10% stake in Intel as Trump flexes more power over big business (www.nbcnews.com)
submitted 2 days ago by themachinestops@lemmy.dbzer0.com to c/technology@lemmy.world
108 comments fedilink hide all child comments
 

Trump tweet:

It is my Great Honor to report that the United States of America now fully owns and controls 10% of INTEL, a Great American Company that has an even more incredible future. I negotiated this Deal with Lip-Bu Tan, the Highly Respected Chief Executive Officer of the Company. The United States paid nothing for these Shares, and the Shares are now valued at approximately $11 Billion Dollars. This is a great Deal for America and, also, a great Deal for INTEL. Building leading edge Semiconductors and Chips, which is what INTEL does, is fundamental to the future of our Nation. MAKE AMERICA GREAT AGAIN! Thank you for your attention to this matter.

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[โ€“] chatokun@lemmy.dbzer0.com 5 points 1 day ago (1 children)

So, I haven't checked project 2025, but there is a Christian nationalist plan that wants to take over everything called Seven Mountains Mandate. You can just read the link, but the idea is to take over what they consider all major parts of society, including business and have a Christian Dominion.

[โ€“] mojofrododojo@lemmy.world 2 points 21 hours ago

yeah they're fuckin nutso too. fml