News

The Trump administration wants U.S. chipmaker Intel to give the federal government an equity stake to receive $8 billion via ...
The White House on Tuesday said it was “ironing out the details” of a deal that would entail the US government taking a 10 ...
After months of turbulence, Intel Corp. bulls are finally being rewarded for their patience. But the stock’s sudden rebound ...
Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.
US Commerce Secretary Howard Lutnick says Trump wants a 'good return' for American taxpayers. Subsidies under the CHIPS Act ...
Commerce Secretary Howard Lutnick confirmed discussions between the US and Intel Corp. for the government to take a stake in ...
Intel is getting a $2 billion capital injection from SoftBank Group in a major vote of confidence for the troubled U.S.
Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick confirmed on Tuesday that the US government is ...
U.S. Commerce Secretary Howard Lutnick said on Tuesday the government wanted an equity stake in Intel in exchange for cash ...
A $2 billion investment represents a roughly 2% stake, ranking SoftBank the fifth-largest shareholder of Intel, while a ...
Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...
SoftBank will invest $2 billion into Intel as the struggling chipmaker pulls back on spending and lays off thousands of ...