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Intel stock rallies as Trump confirms a 10% US government stake, sparking debate over state capitalism, reshoring benefits, ...
Intel stock also gained ground, thanks to news that the U.S. government is taking a nearly 10% equity stake in the company.
The semiconductor maker has struggled to keep up in the artificial intelligence boom with rivals such as Nvidia and AMD.
Intel shares surged Friday as President Trump said the U.S. government struck a deal giving it a 10% stake in the struggling ...
U.S. President Donald Trump is injecting nearly $9 billion into Intel in exchange for a 9.9% equity stake. But the money - ...
Intel shares were up about 6% on the day, adding to earlier gains after reports that President Trump is set to announce the U ...
The US government purchases a 10% stake in Intel worth $8.9bn, part of Trump’s strategy to exert control over American ...
Intel Corporation (NASDAQ:INTC) is one of the Trending AI Stocks on Wall Street. On August 20, Truist Securities analyst ...
Lip-Bu Tan has agreed to give the US federal government $10 billion or an equivalent 10% equity stake in the big tech firm.
A US investment in Intel would mark a rare example of the government taking a stake in a private company. INTC stock soared on the prospect.
Intel stock falls as the company seeks more investors after SoftBank deal and Trump administration considers equity stake.
WASHINGTON -President Donald Trump said on Friday the U.S. would take a 10% stake in Intel under a deal with the struggling chipmaker that converts government grants into an equity share, the latest ...