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Intel shares added to Friday's gains in premarket trading after the U.S. announced it was taking about a 10% stake in the ...
The Chips Act wasn’t about raising revenue, and an equity share wouldn’t enhance national security.
Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...
The Trump administration is aiming to take an equity stake in Intel, according to US commerce secretary Howard Lutnick.
Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
Intel remained a market focus on Monday with President Trump saying he loved to see the company's stock price go up after the ...
The U.S. government's investment in Intel will be funded through the remaining CHIPS and Science Act grants and Secure Enclave program funding.
U.S. President Donald Trump is injecting nearly $9 billion into Intel (INTC.O), opens new tab in exchange for a 9.9% equity ...
The post Trump Says He 'Paid Zero' for the Government's $11 Billion Stake in Intel. Here's the Downside. appeared first on ...
The U.S. government's 10% stake in Intel (INTC) may form the basis of a U.S. sovereign wealth fund, Kevin Hassett, director ...
Hoping to bolster Intel’s $28 billion project in central Ohio, President Donald Trump’s administration is considering ...