India, Aug. 20 -- After CEO Lip-Bu Tan met with President Donald Trump last week, Intel seems to be getting some breathing air amid struggles, as the chipmaker scored a $2 billion boost from SoftBank, which bought shares at $23 each, just below Intel's $23.66 close, CNBC reports.
Meanwhile, the company could also be getting some fast money from the government, as Bloomberg says the Trump administration is considering a bold 10% stake in Intel.
Fast money from Trump on the way?
According to Bloomberg, if the Trump administration moves forward with a 10% stake in Intel, the U.S. government would become Team Blue's largest shareholder.
At Intel's current market value, that stake would reportedly be worth roughly $10.5 billion, close to t...
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