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New York (CNN) — Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick confirmed on Tuesday that the US ...
The Trump administration is negotiating to acquire a 10% stake in Intel Corp, potentially making the US the largest ...
Intel shares jumped after SoftBank said it would put $2 billion into the struggling chipmaker amid reports the U.S.
The Trump administration wants a return on money the struggling semiconductor maker gets under the Biden-era CHIPS Act.
Commerce Secretary Howard Lutnick confirmed discussions between the US and Intel Corp. for the government to take a stake in ...
Intel Corporation sees a steep rally; speculation over U.S. stake and SoftBank investment fuels optimism, but can it overcome ...
The two firms announced the deal last night, stating that it will deepen their commitment to investing in advanced technology and semiconductor innovation in the United States.
Intel's CEO, Lip-Bu Tan, has secured potential investments from the Trump administration and SoftBank Group Corp., aimed at reviving the struggling US chipmaker.
The White House’s deliberations about taking a stake in Intel could upend the technology sector — and further redefine how ...
Shares in Intel climbed as much as 7% in US pre-market trading on Tuesday, on news that the tech giant would gain a US$2 billion ($3.08 billion) capital injection from SoftBank Group.
Intel shares are surging 6% in premarket trading Tuesday on news that Japan's SoftBank Group is making a $2 billion investment in the struggling U.S. chipmaker.