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The White House confirmed on Tuesday that the Trump administration is working on a deal that could see the US government ...
SoftBank is investing $2 billion in Intel, even as the White House is considering taking a 10% stake in chipmaker per reports ...
U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley ...
Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.
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.
The Trump administration is in talks to take a 10% stake in Intel by converting some or all of the struggling company's Chips ...
Intel CEO Lip-Bu Tan was due to visit the White House on Monday after U.S. President Donald Trump called for his removal last ...
The chip maker’s future was dangling by a thread even before its CEO controversy.
The White House on Tuesday said it was “ironing out the details” of a deal that would entail the US government taking a 10 ...