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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 ...
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 ...
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 ...
“We’d like an American to be doing that, so Donald Trump says, ‘Hey, look. Let’s turn the money that Biden was just going to ...
Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...
Trump's flip-flopping on Intel highlights the impact of politics on investor sentiment. New leadership, government investment ...
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