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 ...
Signage with logo at the Silicon Valley headquarters of computer hardware manufacturer Intel, Santa Clara, California, August 17, 2017. (Photo via Smith Collection/Gado/Getty Images). Below are the ...
WASHINGTON ― The Trump administration is in talks for the federal government to take a 10% equity stake in the troubled chipmaker company Intel, White House officials confirmed. The discussions, which ...
In the capitalist American economy, markets pick winners, and the federal government typically stays out of the way of business. But during times of crisis or war, the government has occasionally felt ...
President Trump is weighing taking a 10% stake in computer chip maker Intel. If approved, it would mark one of the largest U.S. government interventions in a private company since the auto bailout of ...
The U.S. government plans to take a 10% stake in Intel, President Donald Trump told reporters Friday. Bloomberg was first to report the news, which pushed the semiconductor chip company’s stock up ...
Before Nvidia’s Jensen Huang and Intel’s Lip-Bu Tan started a press conference to announce a “historic” partnership between the two American chipmakers on September 18th, they were caught in an ...
Nvidia said on Thursday that it would buy $5 billion worth of Intel’s common stock, becoming another major shareholder in the beleaguered company just weeks after the US government took a roughly 10% ...
The Trump administration last month took a 10% stake in chipmaker Intel. It's not the first time the government has taken a stake in a U.S. firm, but the circumstances are unusual and the desired ...
President Trump said that Intel has agreed to give the U.S. government a 10% stake in its business. Speaking with reporters on Friday, Mr. Trump said the deal came out of a meeting last week with ...
The chip maker's stock has rallied following multibillion-dollar investments in its business, but not everyone is convinced that will be enough for a turnaround Intel is due to report third-quarter ...
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