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Commerce Secretary Howard Lutnick on Tuesday confirmed that the government wants Intel to cough up a 10% equity stake in ...
An Intel deal would be one of the largest government interventions in private industry since the U.S. auto industry's bailout under President Obama.
Turning Intel into the chipmaking equivalent of Amtrak is unlikely to be good news for American taxpayers or the company ...
The U.S. government is poised to take a 10% stake in Intel, signaling renewed intervention in key commercial enterprises.
We should get an equity stake for our money,” Howard Lutnick tells CNBC about move, which could make US government largest ...
Shining a Spotlight on Intel Intel (NASDAQ:INTC) has emerged from the shadows of its semiconductor rivals, capturing the ...
The White House on Tuesday said it was “ironing out the details” of a deal that would entail the US government taking a 10 ...
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.
US Commerce Secretary Howard Lutnick says Trump wants a 'good return' for American taxpayers. Subsidies under the CHIPS Act ...
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 is in talks to get a 10% equity stake in Intel. We may earn a commission when you buy through links on ...