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Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...
At the same time, the U.S. government has signaled interest in taking a direct stake. Treasury Secretary Scott Bessent described domestic semiconductor production as vital to national security, while ...
The investment case for Intel has fundamentally changed. The stock should no longer be valued solely on its near-term earnings or competitive battles. It must now be viewed as a long-term, strategic ...
Intel looks to be set to get the U.S. government as a shareholder. The Trump administration could pursue equity stakes in ...
Target names a new CEO and posts quarterly earnings that beat analysts’ forecasts, while Palantir extends losses into a sixth ...
Micron was awarded $6.1 billion as well -- the second-biggest semiconductor subsidy after Intel's. And now we're learning ...
The Trump administration has also been in talks that would see the U.S. acquire a 10% stake in Intel, Bloomberg reported on Monday. On Tuesday, Commerce Secretary Howard Lutnick said on CNBC that ...
But Intel wasn't alone in winning CHIPS Act grants. As CNBC points out, Taiwan Semiconductor (TSMC) was awarded $6.6 billion ...
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
The industry looks very different from when Intel was the clear leader. Nvidia and AMD dominate AI and data centers, while ...
Intel rises following an announcement that SoftBank would invest $2 billion in the chip maker, and Home Depot trades higher ...
Softbank Group Corp agreed to buy US$2 billion of Intel Corp stock, a surprise deal to shore up a struggling US name while ...