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The Chips Act wasn’t about raising revenue, and an equity share wouldn’t enhance national security.
Intel remained a market focus on Monday with President Trump saying he loved to see the company's stock price go up after the ...
Intel stock was down 3.9% after Bloomberg reported that the Trump administration could convert Chips Act grants into a 10% ...
It’s unclear if Intel will be able to grow its foundry business and benefit from the stakes taken by the Trump administration ...
President Donald Trump negotiated a deal last week for the U.S. government to take a substantial ownership stake in an ...
Intel said on Monday that the 10% stake by the U.S. government in the chipmaker could pose risks to its business, from ...
President Donald Trump is moving to bolster critical industries by taking equity stakes in private companies, a step the ...
The U.S. government's 10% stake in Intel (INTC) may form the basis of a U.S. sovereign wealth fund, Kevin Hassett, director ...
Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...
The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average have gone for a wild ride since President Trump took office.
The deal is among the largest government interventions in a U.S. company since the rescue of the auto industry after the 2008 ...
And we're seeing probably more pressure on politicization of the Fed than any time in generations," Larry Summers said on ...