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Intel Shares Drop as U.S. Considers Acquiring 10% Stake in Chip Maker
Intel shares fell 3.7% on Monday, after reports that Trump administration officials are talking about taking a 10% stake in the chip maker. The move would be part of a government effort to save the embattled company and boost semiconductor manufacturing in the U.
Liberal U.S. Senator Bernie Sanders on Wednesday threw his support behind President Donald Trump's plan to convert U.S.
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Nvidia And Intel Lead Tech Stock Drop As White House Reportedly Seeks Equity For CHIPS Grants
Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...
The US government is in discussions to potentially take a partial ownership stake in Intel, according to an Aug. 18 report by ...
The Trump administration wants U.S. chipmaker Intel to give the federal government an equity stake to receive $8 billion via ...
A $2 billion investment represents a roughly 2% stake, ranking SoftBank the fifth-largest shareholder of Intel, while a ...
SoftBank is investing $2 billion in Intel, even as the White House is considering taking a 10% stake in chipmaker per reports ...
Federal officials are considering the move because Intel, the last leading-edge chipmaker in the United States, has been ...
Money earmarked for semiconductor company under Chips Act could be converted into equity ...
The Commerce secretary outlined a plan to blend the private and public sectors but denied it represents "state capitalism." ...
Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.
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