Trump, Intel Agree to 10% U.S. Stake
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On Friday afternoon, Intel confirmed what everyone already knew: that the U.S. government is taking the unprecedented step of investing $8.9 billion into the company. On Tuesday, Commerce Secretary Howard Lutnick said that the United States was pushing Intel to accept its $10.
U.S. President Donald Trump is injecting nearly $9 billion into Intel in exchange for a 9.9% equity stake. What Intel needs is external customers for its so-called cutting-edge 14A manufacturing process - a tough ask,
Intel Corporation's shift to foundry services under CEO Lip-Bu Tan, government support, and market shifts could drive profitability. Click for my INTC update.
The Trump administration is considering taking equity stakes in companies getting funds from the 2022 CHIPS Act but has no similar plans for bigger firms boosting U.S. investments, such as TSMC and Micron,
Investment banking firm JPMorgan thinks Intel should walk away from the chip-making business, and push into its Intel Foundry business instead.
Unlike Intel, Taiwan Semiconductor Manufacturing Company and Micron may not be required to give up stakes in exchange for their CHIPS Act grants, following some signs of pushback in early talks.
TSMC's leadership in advanced chips, global expansion, and AI-driven demand justify its premium valuation and long-term growth potential. Click for more on TSM.
The Trump administration is aiming to take an equity stake in Intel, according to US commerce secretary Howard Lutnick. Experts say the unconventional deal could backfire.
Intel Corp. (NASDAQ:INTC) is one of the best data center stocks to buy now. On August 19, SoftBank Group announced a $2 billion investment in Intel Corp.
The Trump administration is backing away from suggestions it could take a stake in TSMC, despite its plans to demand shares in Intel.