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Trump Gave Intel $8.9 Billion. Now Taxpayers Are Buying IBM

ByYahoo Finance
5/21/2026
Source:Yahoo Finance
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The markets were stunned last July when the Trump administration announced it was investing $400 million into rare earths miner MP Materials (NYSE:MP) to bolster domestic rare earth production. A month later came an even bigger surprise: roughly $8.9 billion directed toward Intel (NASDAQ:INTC | INTC Price Prediction). The stock market has spent decades operating ... Trump Gave Intel $8.9 Billion. Now Taxpayers Are Buying IBM

The markets were stunned last July when the Trump administration announced it was investing $400 million into rare earths miner MP Materials (NYSE:MP) to bolster domestic rare earth production. A month later came an even bigger surprise: roughly $8.9 billion directed toward Intel (NASDAQ:INTC | INTC Price Prediction). The stock market has spent decades operating ... Trump Gave Intel $8.9 Billion. Now Taxpayers Are Buying IBM

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