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The Chips Act wasn’t about raising revenue, and an equity share wouldn’t enhance national security.
Intel remained a market focus on Monday with President Trump saying he loved to see the company's stock price go up after the ...
Intel stock was down 3.9% after Bloomberg reported that the Trump administration could convert Chips Act grants into a 10% ...
It’s unclear if Intel will be able to grow its foundry business and benefit from the stakes taken by the Trump administration ...
President Donald Trump negotiated a deal last week for the U.S. government to take a substantial ownership stake in an ...
President Donald Trump defends the $11 billion U.S. Intel from against critics, calling them "stupid" for opposing a deal ...
Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...
Intel said on Monday that the 10% stake by the U.S. government in the chipmaker could pose risks to its business, from ...
The U.S. government's 10% stake in Intel (INTC) may form the basis of a U.S. sovereign wealth fund, Kevin Hassett, director ...
Intel shares added to Friday's gains in premarket trading after the U.S. announced it was taking about a 10% stake in the ...
In an SEC filing, the chipmaker said the deal could cost it sales and open it up to backlash from other countries, business ...
The president said he hoped to “get as much as I can,” signaling a shift in the relationship between government and private business.