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Trump says US will take 10% stake in Intel because CEO wants to “keep his job”
Intel has agreed to sell the US a 10 percent stake in the company, Donald Trump announced at a news conference Friday. The US stake is worth $10 billion, Trump said, confirming that the deal was inked following his talks with Intel CEO Lip-Bu Tan.
2don 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 ...
Intel Corporation's shift to foundry services under CEO Lip-Bu Tan, government support, and market shifts could drive ...
Unlike Intel, Taiwan Semiconductor Manufacturing Company and Micron may not be required to give up stakes in exchange for ...
The Trump administration is backing away from suggestions it could take a stake in TSMC, despite its plans to demand shares ...
TSMC's leadership in advanced chips, global expansion, and AI-driven demand justify its premium valuation and long-term ...
The Trump administration is aiming to take an equity stake in Intel, according to US commerce secretary Howard Lutnick.
The Trump administration is considering taking equity stakes in companies getting funds from the 2022 CHIPS Act but has no ...
Intel Corp. (NASDAQ:INTC) is one of the best data center stocks to buy now. On August 19, SoftBank Group announced a $2 ...
Investment banking firm JPMorgan thinks Intel should walk away from the chip-making business, and push into its Intel Foundry ...
7hon MSNOpinion
The Donald Trump Administration Is Pondering Equity Stakes in Intel, TSMC, Micron, and Samsung -- and It Sets a Dangerous Precedent
The Trump administration possibly taking stakes in Intel, TSMC, Micron, and Samsung would raise serious concerns. Government ...
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