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Intel shares jumped after SoftBank said it would put $2 billion into the struggling chipmaker amid reports the U.S.
The Trump administration is negotiating to acquire a 10% stake in Intel Corp, potentially making the US the largest ...
6mon MSN
The Trump administration confirms it's seeking a stake in Intel. Why? It depends who you ask
New York (CNN) — Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick confirmed on Tuesday that the US ...
Commerce Secretary Howard Lutnick confirmed discussions between the US and Intel Corp. for the government to take a stake in the chipmaker, casting the plan as a bid to convert Chips and Science Act ...
The move could be seen as a vote of confidence for Intel, which has been playing catch-up in an industry that has chased the artificial intelligence boom.
The Trump administration wants a return on money the struggling semiconductor maker gets under the Biden-era CHIPS Act.
U.S. Treasury Secretary Scott Bessent on Tuesday said any U.S. investment in Intel would be aimed at helping the troubled ...
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