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US Secretary of Commerce Howard Lutnick said on Friday that the federal government will take a 10% stake in Intel.
2don 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 ...
SoftBank is investing $2 billion in Intel, even as the White House is considering taking a 10% stake in chipmaker per reports ...
Money earmarked for the chipmaker under the Chips Act could be converted into equity.
The United States government is making an $8.9 billion investment in Intel, representing a 9.9 percent stake in the company, ...
The White House confirmed on Tuesday that the Trump administration is working on a deal that could see the US government ...
President Donald Trump said on Friday the U.S. would take a 10% stake in Intel under a deal with the struggling chipmaker ...
President Donald Trump on Friday said the U.S. government had reached a deal to take a 10 percent equity stake in the chipmaker Intel, worth approximately $10 billion. “I said, I think it would be ...
The deal is among the largest government interventions in a U.S. company since the rescue of the auto industry after the 2008 ...
The move follows an initial assessment by the agency in June indicating strikes against Iran’s nuclear facilities had a more ...
The president's highly unusual announcement underscores the Trump administration's desire to take control over U.S.
Air Force Lt. Gen. Jeffrey Kruse, who had led the military intelligence agency since February 2024, “will no longer serve as ...
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