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The White House has confirmed that the USA is to become Intel's largest shareholder. Meanwhile, there are reports of further ...
President Trump's tariffs continue to affect global markets and the economy. Follow for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq ...
US Treasury Secretary Scott Bessent stated that any potential investment by the Federal government in Intel will be aimed at supporting its stability ...
The US government is considering taking equity stakes in companies, including Micron, Samsung, and Taiwan Semiconductor ...
The Trump administration wants a return on money the struggling semiconductor maker gets under the Biden-era CHIPS Act.
Treasury Secretary Scott Bessent told CNBC that the U.S. government could convert billions in grants to Intel, into an ownership stake.
The U.S. government is poised to take a 10% stake in Intel, signaling renewed intervention in key commercial enterprises.
Scott Bessent, the U.S. Treasury Secretary, said today that any investment made by the U.S. government in Intel would be used to stabilize the chipmaker.
The Trump administration wants U.S. chipmaker Intel to give the federal government an equity stake to receive $8 billion via ...
Such a move would represent one of the most significant government interventions in a U.S. company since 2008's rescue of the ...
Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick confirmed on Tuesday that the US government is ...
The U.S. government wants an equity stake in Intel in exchange for cash grants approved during the administration of former ...