News

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 ...

US Government Weighs 10% Stake in Intel

The US government is in discussions to potentially take a partial ownership stake in Intel, according to an Aug. 18 report by ...

GOP senator: US stake in Intel would be ‘step toward socialism’

Sen. Rand Paul (R-Ky.), a libertarian-minded Republican, criticized the Trump administration’s push to acquire a stake in U.S ...

Howard Lutnick Calls CHIPS Act a ‘Giveaway to Rich Companies’ Like Intel

Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...
NBC4 WCMH-TV14h

Trump administration weighs 10% acquisition of Intel in exchange for CHIPS funding

Hoping to bolster Intel’s $28 billion project in central Ohio, President Donald Trump’s administration is considering ...
The Register on MSN11h

Uncle Sam eyes slice of Intel in return for CHIPS Act cash

Micron, TSMC, and more have also been awarded billions in subisidies The US government is considering taking a stake in Intel ...

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.

SoftBank will invest $2 billion into Intel

Japan’s SoftBank will invest $2 billion into struggling American chipmaker Intel, the two companies announced Monday.