News

SoftBank is investing $2 billion in Intel, even as the White House is considering taking a 10% stake in chipmaker per reports, as talks with the company and Trump's team advance.
Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.
Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick confirmed on Tuesday that the US government is ...
The US government is weighing a plan to take roughly a 10% equity stake in Intel by converting part of the company’s awards ...
Shares of Intel closed about 3.7% lower on Monday, after rallying last week on hopes of U.S. federal support. Intel has been ...
The Trump administration is in discussions to take a stake of about 10% in Intel Corp., a move that could see the US become the beleaguered chipmaker’s largest shareholder.
A $2 billion investment represents a roughly 2% stake, ranking SoftBank the fifth-largest shareholder of Intel, while a reported 10% stake by the U.S. would be worth about $10.4 billion as of Monday’s ...
The Trump administration is reportedly considering having the US government take a stake in Intel, a company that was once ...
Money earmarked for the company under the Chips Act could be converted into equity.
The chip maker’s future was dangling by a thread even before its CEO controversy.