Intel, SoftBank
Digest more
The US government is in discussions to potentially take a partial ownership stake in Intel, according to an Aug. 18 report by Bloomberg. The deal could help accelerate the construction of Intel’s long-delayed semiconductor manufacturing plant in Ohio.
Intel was under the Wall Street spotlight Tuesday as shares popped nearly 7% on news that the struggling chip maker secured a $2 billion investment from SoftBank. Plus, as Commerce Secretary Howard Lutnick confirmed,
10hon MSN
The government may take a stake in Intel. But it’s not about making money, Bessent suggests
Treasury Secretary Scott Bessent hinted Tuesday the US government may be considering taking a stake in struggling chipmaker Intel, coming after multiple media outlets have reported that discussions were in place.
The Trump administration wants a return on money the struggling semiconductor maker gets under the Biden-era CHIPS Act.
Shining a Spotlight on Intel Intel (NASDAQ:INTC) has emerged from the shadows of its semiconductor rivals, capturing the attention of investors and policymakers alike. After years of struggling to keep pace with competitors like Nvidia (NASDAQ:NVDA) and Taiwan Semiconductor Manufacturing (NYSE:TSM),
The U.S. government is poised to take a 10% stake in Intel, signaling renewed intervention in key commercial enterprises. Read what investors need to know.
The Trump Administration is reportedly in talks with Intel for a roughly $10 billion investment in the languishing chipmaker..
The Trump administration is considering taking a stake in Intel as a means of boosting the struggling U.S. chipmaker, Commerce Secretary Howard Lutnick said Tuesday. Lutnick indicated the
President Donald Trump on Aug. 7 called for Intel CEO Lip Bu Tan to resign, accusing him of being “highly conflicted” over reported investments in Chinese semiconductor firms. The remarks, expressed via a post on his Truth Social network,