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News

Intel, White House and US government

Insider on MSN · 1d
It's official: The US government is taking a nearly 10% stake in Intel
The US investment in Intel is a rare example of the government taking a stake in a private company. INTC closed up on Friday but dipped after hours.
BBC on MSN · 2d
White House announces chipmaker Intel to give US government 10% stake
US Secretary of Commerce Howard Lutnick said on Friday that the federal government will take a 10% stake in US chipmaker Intel.
Daily Jang · 1d
White House announces US acquisition of 10% stake in chipmaker Intel
President Donald Trump on Friday said the U.S. government had reached a deal to take a 10 percent equity stake in the chipmaker Intel, worth approximately $10 billion.“I said, I think it would be good having the United States as
13don MSN

Intel CEO to visit White House after Trump called for his ouster over alleged China ties: report

Intel CEO Lip-Bu Tan is scheduled to visit the White House on Monday following President Donald Trump’s call last week for ...
4don 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 ...
5don MSN

Bessent says the US wouldn't use a rumored stake in Intel 'to drum up business'

Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.

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