News

Intel Shares Pop 5% As SoftBank Invests $2 Billion And Trump Administration Weighs Stake

A $2 billion investment represents a roughly 2% stake, ranking SoftBank the fifth-largest shareholder of Intel, while a ...

U.S. seeks equity stake in Intel, Commerce Secretary Lutnick says

The Trump administration wants a return on money the struggling semiconductor maker gets under the Biden-era CHIPS Act.
Outlook Business6h

White House Mulls Converting Chips Act Grants into 10% Stake in Intel, SoftBank Invests $2Bn

The US government is weighing a plan to take roughly a 10% equity stake in Intel by converting part of the company’s awards ...

Intel CEO to visit White House after Trump called for his ouster over alleged China ties: report

Intel CEO Lip-Bu Tan is scheduled to visit the White House on Monday following President Donald Trump’s call last week for ...

Intel Gets A $2 Billion Investment And Vote Of Confidence From SoftBank To Advance US Chip Innovation

Intel announced it has signed a definitive securities purchase agreement with SoftBank that will see the majority Arm ...