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The Trump administration is in talks to take a 10% stake in the struggling chipmaker. Some say it makes perfect strategic ...
Sen. Bernie Sanders (I-VT) has expressed his support for President Donald Trump's plan to convert U.S. grants to chipmakers into government equity in these firms.
Intel is in talks with other large investors to receive an equity infusion at a discounted price, a report said.
US commerce secretary Howard Lutnick is looking into the White House taking equity stakes in Intel and other chipmakers in exchange for grants under the Chips Act, which aims to spur factory-building ...
AI Generated Image U.S. Commerce Secretary Howard Lutnick is exploring the federal ... is weighing expanding on a plan to ...
SoftBank Group Corp this week agreed to buy US$2 billion in Intel shares, raising the possibility that the Japanese ...
Shares on Wall Street dropped for a second successive day on Wednesday as weakness in the tech sector persisted while a key ...
US Secretary of Commerce Howard Lutnick recently stated in interviews that the government should not only offer free subsidies but also acquire non-voting stakes to safeguard American taxpayers' ...
President Donald Trump is looking to increase the federal government's stake in chip manufacturers that receive funding from ...
"This is a horrible precedent. This is socialism. All of you people were freaked out about Mamdani in New York City" ...
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 ...
Though the Trump administration appears to have made inroads with embattled chipmaker Intel, Wall Street analysts suggested ...