Intel, Bessent
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Trump administration vying to own a big stake in Intel
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Intel is getting a $2 billion lifeline from SoftBank and could get more from the Trump administration. But that might not be enough to save the ailing chipmaker.
U.S. Treasury Secretary Scott Bessent clarified that any potential government investment in Intel aims to stabilize the company rather than compel businesses to use its chips. Amid speculation of a 10% stake investment,
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Al Jazeera on MSNUS wants equity stake in Intel for cash grants given under Biden
Officials in US President Donald Trump’s administration made comments saying the equity stake was not to run the firm.
Facebook's $725M settlement payouts, a U.S. revenue-sharing deal with Nvidia and AMD, Intel stake talks, an AI chatbot-related death, and AMD's stance against Silicon Valley's talent war dominated this weekend's tech headlines.
Treasury Secretary Scott Bessent joins 'Squawk Box' to discuss the Alaska summit between President Trump and Russian President Vladimir Putin, Trump's meeting with Ukrainian President Zelenskyy and other European leaders,
The White House is reviewing taking a 10% stake in chipmaker Intel, White House Press Secretary Karoline Leavitt explains the end goal of what would be the first of its kind move.
The federal government is considering an investment that would convert some or all of the company's grants from the U.S. Chips and Science Act into equity, unnamed sources told Bl