The U.S. government has announced that the deal securing U.S. Steel and Intel will not include a golden share or equity for the administration. The agreement, finalized following negotiations, establishes a significant joint venture involving U.S. Steel and Intel. The specific terms of the deal remain confidential, but it represents a substantial investment for both companies. The President’s office stated that the agreement is a strategic move to bolster domestic manufacturing and technological advancement within the United States. The precise value of the investment is not publicly disclosed.
Credits: US Top News and Analysis