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China restricted Nvidia's H20 processor sales after US Commerce Secretary Howard Lutnick's remarks were deemed insulting.
The Trump administration is talking about buying stock in Intel and starting a sovereign wealth fund. There isn't a dumber, more irresponsible financial idea swirling around in Washington.
Sen. Rand Paul and conservative commentator Erick Erickson expressed concerns about the Intel idea, the pair describing it as ...
China-specific AI chip after US Commerce Secretary Howard Lutnick made comments officials found "insulting." Chinese regulators are now trying to discourage domestic tech firms from buying the H20 ...
SEOUL, Aug. 21 (Yonhap) -- The presidential office on Thursday denied a media report that the U.S. federal government may ...
President Donald Trump is looking to increase the federal government's stake in chip manufacturers that receive funding from ...
The Trump administration is considering taking a stake in Oregon’s largest private employer before sending already promised federal funding.
Two sources familiar with the discussions told Reuters that US Commerce Secretary Howard Lutnick has floated the idea in connection with an ongoing plan to acquire ...
Intel fell almost 8% as investors awaited the government's decision on the stake purchase and processed the possible consequences.
The Trump administration is in discussions to take a stake of about 10% in Intel, possibly by converting grants made to the ...
According to CNBC, Intel is in talks with several large investors about a discounted equity raise. The discussions come days after the company secured a $2 billion investment from Japan's SoftBank ...
The Trump administration is testing a simple proposition: if Washington funds you, Washington should own a piece of you.