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Intel, Trump

New York Post on MSN · 1d

Commerce Secretary Lutnick says Intel needs to give government stake for CHIPS funding

Commerce Secretary Howard Lutnick on Tuesday confirmed that the government wants Intel to cough up a 10% equity stake in exchange for nearly $8 billion in CHIPS Act funding approved by the Biden administration. Lutnick said the the stake would be a return on its “investment” in the struggling chipmaker.

Al Jazeera on MSN · 3h

US Senator Bernie Sanders backs Trump plan for government stake in Intel

United States Senator Bernie Sanders has thrown his support behind US President Donald Trump’s plan to convert US grants to chipmakers, including $10.9bn for Intel, into government stakes in the companies. The senator for the state of Vermont announced his support on Wednesday.

The Associated Press on MSN · 18h

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 pioneer Intel in an unusual deal that would deepen the Trump administration’s financial ties with major computer chip manufacturers and punctuate a dramatic about-face from the president’s recent push to oust the company’s CEO.

Intel, SoftBank

Investopedia on MSN · 23h

What SoftBank, Government Investments Could Mean for Intel's Business—and Stock

Key Takeaways Intel on Monday said Japanese investment giant SoftBank had agreed to buy $2 billion of the chipmaker's stock, boosting hope on Wall Street that the Trump administration and allies will throw the beleaguered chipmaker a lifeline.

MarketWatch on MSN · 8h

Here’s how SoftBank could turn Intel’s fortunes around

The deal between SoftBank and Intel would involve the creation of roughly 87 million new shares, adding an incremental 2% to Intel’s overall share count. Reitzes believes the tr

SoftBank to invest $2 billion in Intel

SoftBank Group on Monday signed an agreement to make a $2 billion investment in Intel's common stock.

6hon MSN

Nvidia And Intel Lead Tech Stock Drop As White House Reportedly Seeks Equity For CHIPS Grants

Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...

2hon MSN

Trump thinks owning a piece of Intel would be a good deal for the US. Here’s what to know

The Trump administration is in talks to secure a 10% stake in Intel in exchange for converting government grants that were ...

1d

Intel: Government And SoftBank Money Won't Solve Its Tech Crisis

Intel Corporation sees a steep rally; speculation over U.S. stake and SoftBank investment fuels optimism, but can it overcome ...

12hon MSN

Intel Rescue Will Depend on Trump as Investor — and Pitchman

A US government plan to take a stake in Intel Corp. would give the ailing chipmaker a powerful backer, even if a bigger ...

10h

Intel's advantages from a Trump deal could be worth as much as the money

The ongoing US trade policy saga has revealed there are many ways for the administration to help a company's fortunes ...

1don MSN

Intel’s stock surges on SoftBank investment and potential U.S. government stake. Here’s why the rally could crumble.

Intel’s stock rose 7% on Tuesday after SoftBank announced a stake in the chip maker, and as the U.S. government considers an ...

2d

Trump’s Intel CEO clash reflects pattern of politically charged 'China ties' accusations

President Donald Trump on Aug. 7 called for Intel CEO Lip Bu Tan to resign, accusing him of being “highly conflicted” over ...

5don MSN

Intel shares rise as report of likely government stake stokes hopes of US aid

By Rashika Singh and Arsheeya Bajwa (Reuters) -Intel shares rose nearly 3% on Friday on hopes of more financial aid for the ...

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