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Trump trumpets deal giving US a 10% stake in downtrodden Intel
WASHINGTON (AP) — President Donald Trump on Friday announced the U.S. government has secured a 10% stake in struggling Silicon Valley pioneer Intel in a deal that was completed just a couple weeks after he was depicting the company’s CEO as a conflicted leader unfit for the job.
President Donald Trump on Aug. 7 called for Intel CEO Lip Bu Tan to resign, accusing him of being “highly conflicted” over ...
The U.S. government is making an $8.9 billion investment in Intel common stock, a move the chip maker says reflects confidence in the firm to 'advance key national priorities' and expand domestic chip ...
A change in leadership could pile pressure on the company as it pushes through a major strategic reset that Lip-Bu Tan ...
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Intel CEO to visit White House after Trump called for his ouster over alleged China ties: report
Intel CEO Lip-Bu Tan is scheduled to visit the White House on Monday following President Donald Trump’s call last week for ...
Lip-Bu Tan’s venture-capital firm has supported some of the biggest names in China’s chip industry. With U.S.-China tensions ...
President Donald Trump has sharply reversed course on Intel CEO Lip-Bu Tan. Just days after blasting Tan as “highly ...
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Lutnick Says US May Take Intel Stake To Counter China Risk, Highlights Nvidia CEO’s Active Role In Chip Policy
Commerce Secretary Howard Lutnick reportedly said Tuesday that President Donald Trump is considering taking a federal equity ...
Lip-Bu Tan, known as “Mr. Chip,” is under fire after a company he led until 2023 pleaded guilty to selling technology to a ...
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