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The administration also stripped security clearances this week from additional current and former national security officials ...
Chipmaker Intel has agreed to give the US government a 10% stake in its business, the company and President Donald Trump ...
The US government takes a 9.9% stake in Intel with an $8.9B investment, but analysts warn funding alone may not save its ...
What Intel needs is external customers for its 14A manufacturing process - a tough ask, at least in the short term.
While Intel says the government is making an “$8.9 billion investment in Intel common stock,” the administration does not ...
Intel stated that the US federal government was taking a passive ownership stake and would not seek a board seat.
U.S. President Donald Trump is injecting nearly $9 billion into Intel in exchange for a 9.9% equity stake. What Intel needs ...
The president is demanding government stakes in U.S. companies and cuts of their revenue. Experts see some similarities to ...
The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average have gone for a wild ride since President Trump took office.
The deal caps a two-week frenzy for the troubled chip maker and marks the latest in a series of extraordinary private-sector ...
President Trump approves $8.9 billion US government stake in Intel, contingency plans for if Intel sells 49% of its foundry business.
Commerce Secretary Howard Lutnick previously said the U.S. government should receive equity in return for the CHIPS Act cash ...
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