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Commerce Secretary Howard Lutnick on Tuesday confirmed that the government wants Intel to cough up a 10% equity stake in ...
U.S. Commerce Secretary Howard Lutnick is looking into the federal government taking equity stakes in computer chip ...
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.
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 ...
The Trump administration wants U.S. chipmaker Intel to give the federal government an equity stake to receive $8 billion via ...
The U.S. government wants an equity stake in Intel in exchange for cash grants approved during the administration of former ...
A US stake in Intel doesn't mean that President Donald Trump would put his finger on the scale for the beleaguered chipmaker. Treasury Secretary Scott Bessent said on Tuesday that while the White ...
Intel is getting a $2 billion capital injection from SoftBank Group in a major vote of confidence for the troubled U.S. chipmaker.
Treasury Secretary Scott Bessent hinted Tuesday the US government may be considering taking a stake in struggling chipmaker ...
The U.S. government seeks an equity stake in Intel in exchange for financial grants. Secretary Lutnick emphasizes the move is ...