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Ming-Chi Kuo says Trump's $11 billion Intel stake is a strategic vote of confidence that raises the chipmaker's valuation ...
Son has been cultivating close ties to Trump ever since the president’s first term, visiting the White House repeatedly, chatting on the golf course and promising jobs and investment through the kind ...
The stake will be funded by the $5.7 billion in unpaid Chips Act grants and the $3.2 billion award from the Secure Enclave ...
The Chips Act wasn’t about raising revenue, and an equity share wouldn’t enhance national security.
President Donald Trump on Friday announced the U.S. government has secured a 10% stake in struggling Silicon Valley pioneer ...
WASHINGTON (AP) — President Donald Trump on Friday announced the U.S. government has secured a 10% stake in struggling ...
The U.S. government is converting CHIPS Act grants into an $8.9 billion equity stake in Intel, a landmark deal giving the ...
Under the deal, the US government is committing $8.9 billion to purchase Intel stock, which would give the government a 9.9% ...
Sure, except when Trump picks up the phone and tells you what to do! Intel said the government's equity stake will be funded by the remaining $5.7 billion in grants previously awarded but not yet paid ...
PHOENIX — President Donald Trump is getting clobbered from the left and the right for his decision to acquire a 10% stake in ...
The US investment in Intel is a rare example of the government taking a stake in a private company. INTC closed up on Friday ...
Intel has agreed to the U.S. government taking a stake in it, President Donald Trump and the company announced Friday, ...