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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 ...
The White House confirmed on Tuesday that the Trump administration is working on a deal that could see the US government taking a 10% stake in chip giant Intel. "The president wants to put America's ...
Liberal U.S. Senator Bernie Sanders on Wednesday threw his support behind President Donald Trump's plan to convert U.S.
Intel is in talks with other large investors to receive an equity infusion at a discounted price, CNBC reported on Wednesday, ...
Sen. Rand Paul (Ky.), a libertarian-minded Republican, criticized the Trump administration’s push to acquire a stake in U.S.
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' ...
Intel stock falls as the company seeks more investors after SoftBank deal and Trump administration considers equity stake.
Wall Street analysts don’t expect the money alone to turn around Intel’s business, which has suffered from years of declining sales and the loss of market share ...
Analysts blamed a confluence of factors for the weakness in tech stocks, including concerns over steep valuations, investors exiting profitable positions, and risk aversion.
If you recall, yesterday we mentioned that the Trump administration was considering a 10% stake in poor old, beleaguered ...
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.