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In a striking move, the US government has acquired a 10% stake in Intel for $8.9 billion, funded through CHIPS Act grants and ...
Ming-Chi Kuo says Trump's $11 billion Intel stake is a strategic vote of confidence that raises the chipmaker's valuation ...
Son has been cultivating close ties to Trump ever since the president’s first term, visiting the White House repeatedly, chatting on the golf course and promising jobs and investment through the kind ...
The Trump administration has now struck a deal to take a 9.9% stake in Intel by converting outstanding federal grants into ...
Just five months into his tenure as chief executive of Intel, Tan was already fighting for his job. A few days earlier, ...
A glimpse of a shadow of a suggestion that the Fed might start lowering interest rates again was enough to send U.S. stocks ...
From Shashank Chandrakumara, Undergraduate in Finance, Law and Public Policy, Indiana University Bloomington, IN, US ...
Intel’s shares closed up 5.5% last Friday on news of the government’s equity stake, but fell 1% in post-market trading after ...
Commerce Secretary Howard Lutnick said that the US government has taken a 10pc stake in Intel, the embattled chipmaker that is the only American company capable of making advanced chips on American ...
The stake will be funded by the $5.7 billion in unpaid Chips Act grants and the $3.2 billion award from the Secure Enclave ...
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Trump takes 10% of Intel, as Washington becomes Chinatown on industrial policy.