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US in talks over 10% Intel stake, White House confirms
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 needs first, both from a national security and economic perspective," White House press secretary Karoline Leavitt told reporters.
8hon MSN
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 ...
1don MSN
The Trump administration confirms it’s seeking a stake in Intel. Why? It depends who you ask
Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick confirmed on Tuesday that the US government is considering an extraordinary investment in struggling chipmaker Intel. But they ...
From Intel to Nvidia, the Trump administration is rewriting the playbook on how the presidency interacts with American capitalism.
A $2 billion investment represents a roughly 2% stake, ranking SoftBank the fifth-largest shareholder of Intel, while a ...
An Intel deal would be one of the largest government interventions in private industry since the U.S. auto industry's bailout under President Obama.
9don MSN
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 ...
Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.
The billionaire investor often called Japan's Warren Buffett is making a huge bet on a legendary US firm. Shares jumped eight ...
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