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News

Intel, White House

Fox Business on MSN · 23h
White House mulls 10% stake in Intel after CEO meeting
The White House is considering taking a 10% stake in chipmaker Intel per reports as talks with the company and Trump's team advance.
Financial Times · 1h
US in talks for a 10% Intel stake, White House says
The White House on Tuesday said it was “ironing out the details” of a deal that would entail the US government taking a 10 per cent stake in struggling US chipmaker Intel.
Courthouse News Service · 19m
White House backs ‘creative’ gambit to secure government stake in Intel
Commerce Secretary Howard Lutnick said Tuesday that the government is seeking an equity stake in the chipmaker in return for federal grants authorized under the Biden administration.
2hon MSN

Bessent says the US wouldn't use a rumored stake in Intel 'to drum up business'

Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.
7hon MSN

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 ...
Butler Eagle
14m

Trump administration vying to own a big stake in Intel after SoftBank’s $2 billion bet on company

U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley ...

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