this post was submitted on 24 Aug 2025
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370
U.S. takes 10% stake in Intel as Trump flexes more power over big business (www.nbcnews.com)
submitted 1 day ago by themachinestops@lemmy.dbzer0.com to c/technology@lemmy.world
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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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[–] aeternum@lemmy.blahaj.zone 14 points 8 hours ago (4 children)

Why does he always close with "Thank you for your attention to this matter"? Does he think he's got his big boy pants on or something?

[–] monkeyslikebananas2@lemmy.world 2 points 4 hours ago

I wish he would say, “And God have mercy on our souls.”

[–] OrteilGenou@lemmy.world 4 points 6 hours ago

If you had been sued as often as this guy, you'd probably be muttering random legalese in your sleep and unconsciously letting it leech into your vocab, too

[–] RememberTheApollo_@lemmy.world 3 points 7 hours ago* (last edited 7 hours ago)

Probably heard it once and thought it was cool or saw a couple of memes with it and now it’s his brain worm.