Trump defends Intel stake after criticizing socialist Democrats

Published



President Donald Trump defended his decision Monday to take a 10% stake in Intel after criticizing the likes of former Vice President Kamala Harris as a socialist.

Trump argued that his decision to acquire a 10% stake in Intel in exchange for federal grants that the computer company received through former President Joe Biden‘s CHIPS and Science Act, which was passed in 2022, among other programs, was “business.”

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