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The struggling US chip manufacturer Intel has agreed to allow the US government to take a 10% stake in it, according to ...
“BIG NEWS: The United States of America now owns 10% of Intel, one of our great American technology companies,” Lutnick said. “This historic agreement strengthens U.S. leadership in semiconductors, ...
The president's highly unusual announcement underscores the Trump administration's desire to take control over U.S.
Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...
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.
A $2 billion investment represents a roughly 2% stake, ranking SoftBank the fifth-largest shareholder of Intel, while a ...