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The White House is considering taking a 10% stake in chipmaker Intel per reports as talks with the company and Trump's team ...
Money earmarked for the company under the Chips Act could be converted into equity.
Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.
The Trump administration is reportedly in discussions with Intel Corp. about the possibility of the U.S. government acquiring ...
A $2 billion investment represents a roughly 2% stake, ranking SoftBank the fifth-largest shareholder of Intel, while a ...
Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick confirmed on Tuesday that the US government is ...
Intel CEO Lip-Bu Tan was due to visit the White House on Monday after U.S. President Donald Trump called for his removal last ...
The US government is weighing a plan to take roughly a 10% equity stake in Intel by converting part of the company’s awards ...
The chip maker’s future was dangling by a thread even before its CEO controversy.