News

Intel Agrees to Sell U.S. a 10% Stake in Its Business

The deal is among the largest government interventions in a U.S. company since the rescue of the auto industry after the 2008 ...

Kudlow on Trump Intel agreement: ‘I am very, very uncomfortable

Fox Business’s Larry Kudlow expressed concern on Friday over the Trump administration’s move to take a 10 percent stake in ...

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 ...

Intel gets $2 billion from SoftBank as White House mulls stake

SoftBank is investing $2 billion in Intel, even as the White House is considering taking a 10% stake in chipmaker per reports ...

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 ...

The White House reportedly discussing taking a stake in Intel, sending shares climbing

The Trump administration is reportedly considering having the US government take a stake in Intel, a company that was once ...

Intel Shares Pop 5% As SoftBank Invests $2 Billion And Trump Administration Weighs Stake

A $2 billion investment represents a roughly 2% stake, ranking SoftBank the fifth-largest shareholder of Intel, while a ...

Trump confirms US is seeking 10% stake in Intel. Bernie Sanders approves.

After the Trump administration confirmed a rumor that the US is planning to buy a 10 percent stake in Intel, US Senator ...