News

Intel stock was down 3.9% after Bloomberg reported that the Trump administration could convert Chips Act grants into a 10% ...
President Donald Trump negotiated a deal last week for the U.S. government to take a substantial ownership stake in an ...
White House economic adviser Kevin Hassett says that the US could take stakes in other companies within the chip and AI ...
The Chips Act wasn’t about raising revenue, and an equity share wouldn’t enhance national security.
U.S. President Donald Trump is injecting nearly $9 billion into Intel (INTC.O), opens new tab in exchange for a 9.9% equity ...
The U.S. government's 10% stake in Intel (INTC) may form the basis of a U.S. sovereign wealth fund, Kevin Hassett, director ...
The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average have gone for a wild ride since President Trump took office.
The deal is among the largest government interventions in a U.S. company since the rescue of the auto industry after the 2008 ...
U.S. Commerce Secretary Howard Lutnick is looking into the government taking equity stakes in Intel and other chipmakers in ...