white house intel - Search News

News

White House, Kevin Hassett

Reuters on MSN · 21h

White House's Hassett says US could take stakes in other chip companies

The federal government could take stakes in other U.S. semiconductor companies or even move to other industries, White House economic adviser Kevin Hassett told CNBC in an interview on Monday following its stake in Intel.

U.S. News & World Report · 22h

White House's Hassett Says U.S. Could Take Stakes in Other Industries

WASHINGTON (Reuters) -The federal government could take stakes in other U.S. semiconductor companies or even move to other industries, White House economic adviser Kevin Hassett told CNBC in an interview on Monday following its stake in Intel.

BBC on MSN · 6d

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.

Intel, U.S. government

Insider on MSN · 2d

It's official: The US government is taking a nearly 10% stake in Intel

The US investment in Intel is a rare example of the government taking a stake in a private company. INTC closed up on Friday but dipped after hours.

Why the Government’s Owning a Piece of Intel Will Harm Businesses

Donald Trump’s ongoing effort to remake American capitalism continued apace on Friday, when Commerce Secretary Howard Lutnick announced that the government would be taking a 9.9 percent stake in chipmaker Intel in exchange for the government’s agreeing to release billions of dollars in grants that Congress had already authorized via the Chips Act.

Marketplace · 14h

Why Intel warns that government stake may hurt shareholders

In exchange for around $9 billion in grants that the federal government awarded to the chipmaker during the Biden administration, the U.S. government gets an ownership stake in the company — just shy of 10%.

14h

Trump signals Intel deal could be one of 'many more cases' as White House explores broader investment push

President Trump and his team offered multiple signals Monday that last week’s deal to take a share of Intel could be just the ...

17hon MSN

South Korean leader visits White House after Trump questions nation's stability

The US president says it "seems like a Purge or Revolution" in South Korea, as President Lee visits the White House.

18h

The US-Intel investment is a rare kind of deal. Trump says he wants more of them.

President Donald Trump and his team want to make a lot more deals with the private sector.

Independent Journal Review17h

Trump’s Intel Deal Sets Problematic Precedent Dems Could Exploit

President Donald Trump is moving to bolster critical industries by taking equity stakes in private companies, a step the ...

The New Republic on MSN16h

Trump Vows More Corruption Is Coming in Unhinged Rant on Intel Deal

Last week, the government took a 10 percent stake in the company, purchasing 433.3 million shares for a total price of $8.9 ...

5don 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 ...

6don MSN

Bessent says the US wouldn't use a rumored stake in Intel 'to drum up business'

Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.

Some results have been hidden because they may be inaccessible to you

Show inaccessible results