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US Government Makes $8.9B Investment to Take 10% Stake in Intel
The US government has officially taken a 10% stake in Intel in what seems to be a bid to save the chip maker, Secretary of Commerce Howard Lutnick unveiled in a post on X on Friday. Intel confirmed its agreement with the Trump Administration in a press release issued late Friday,
Semiconductor stocks have hit a wall—but shares of Intel may be getting ready to run after President Donald Trump announced that the U.S. had taken a 10% stake in the struggling chipmaker.In a market ...
Ming-Chi Kuo says Trump's $11 billion Intel stake is a strategic vote of confidence that raises the chipmaker's valuation ...
Shining a Spotlight on Intel Intel (NASDAQ:INTC) has emerged from the shadows of its semiconductor rivals, capturing the ...
The Trump administration previously signaled interest in investing in the struggling chip maker and will use funds from Biden ...
3hon MSN
Did Trump save Intel? Not really
U.S. President Donald Trump is injecting nearly $9 billion into Intel (INTC.O), opens new tab in exchange for a 9.9% equity ...
President Trump had urged CEO Lip-Bu Tan to step down over his past ties with China. But the narrative flipped last week ...
Intel shares were up about 6% on the day, adding to earlier gains after reports that President Trump is set to announce the U ...
The SPDR S&P 500 ETF Trust SPY and Invesco QQQ Trust ETF QQQ, which track the S&P 500 index and Nasdaq 100 index, ...
The Trump administration is talking about buying stock in Intel and starting a sovereign wealth fund. There isn't a dumber, ...
20hOpinion
Uncle Sam Shouldn’t Own Intel Stock
The Chips Act wasn’t about raising revenue, and an equity share wouldn’t enhance national security.
4don MSN
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 ...
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