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White House announces US acquisition of 10% stake in chipmaker Intel
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 good having the United States as
Just five months into his tenure as chief executive of Intel, Tan was already fighting for his job. A few days earlier, ...
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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 ...
Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.
U.S. President Donald Trump is injecting nearly $9 billion into Intel in exchange for a 9.9% equity stake. But the money - ...
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