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The Chips Act wasn’t about raising revenue, and an equity share wouldn’t enhance national security.
The Trump administration is aiming to take an equity stake in Intel, according to US commerce secretary Howard Lutnick.
5don MSN
Nvidia And Intel Lead Tech Stock Drop As White House Reportedly Seeks Equity For CHIPS Grants
Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...
Intel shares lost ground to start the week after surging Friday following news that the U.S. government had reached a deal to ...
Intel Corp. shares jumped in after-hours trading Monday after the chipmaker announced a $2 billion investment by Japan’s ...
It’s unclear if Intel will be able to grow its foundry business and benefit from the stakes taken by the Trump administration ...
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
The U.S. government's investment in Intel will be funded through the remaining CHIPS and Science Act grants and Secure ...
Intel remained a market focus on Monday with President Trump saying he loved to see the company's stock price go up after the ...
13hon MSN
Did Trump save Intel? Not really
U.S. President Donald Trump is injecting nearly $9 billion into Intel (INTC.O), opens new tab in exchange for a 9.9% equity ...
Intel shares added to Friday's gains in premarket trading after the U.S. announced it was taking about a 10% stake in the ...
2hon MSN
Trump Says He 'Paid Zero' for the Government's $11 Billion Stake in Intel. Here's the Downside.
The post Trump Says He 'Paid Zero' for the Government's $11 Billion Stake in Intel. Here's the Downside. appeared first on ...
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