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The Chips Act wasn’t about raising revenue, and an equity share wouldn’t enhance national security.
It’s unclear if Intel will be able to grow its foundry business and benefit from the stakes taken by the Trump administration ...
Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...
SAN FRANCISCO, Aug 23 (Reuters) - U.S. President Donald Trump is injecting nearly $9 billion into Intel (INTC.O) in exchange ...
In an SEC filing, the chipmaker said the deal could cost it sales and open it up to backlash from other countries, business ...
The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average have gone for a wild ride since President Trump took office.
Intel said on Monday that the 10% stake by the U.S. government in the chipmaker could pose risks to its business, from ...