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Howard Lutnick confirms US government wants Intel stake

TechRepublic · 14h

US Government Weighs 10% Stake in Intel

The US government is in discussions to potentially take a partial ownership stake in Intel, according to an Aug. 18 report by Bloomberg. The deal could help accelerate the construction of Intel’s long-delayed semiconductor manufacturing plant in Ohio.

Trump considering buying government stake in Intel, Lutnick confirms

Intel was under the Wall Street spotlight Tuesday as shares popped nearly 7% on news that the struggling chip maker secured a $2 billion investment from SoftBank. Plus, as Commerce Secretary Howard Lutnick confirmed,

CNN on MSN · 1d

The government may take a stake in Intel. But it’s not about making money, Bessent suggests

Treasury Secretary Scott Bessent hinted Tuesday the US government may be considering taking a stake in struggling chipmaker Intel, coming after multiple media outlets have reported that discussions were in place.

Intel, SoftBank

Investopedia on MSN · 1d

What SoftBank, Government Investments Could Mean for Intel's Business—and Stock

Key Takeaways Intel on Monday said Japanese investment giant SoftBank had agreed to buy $2 billion of the chipmaker's stock, boosting hope on Wall Street that the Trump administration and allies will throw the beleaguered chipmaker a lifeline.

Seeking Alpha · 1d

Intel: Government And SoftBank Money Won't Solve Its Tech Crisis

Intel Corporation sees a steep rally; speculation over U.S. stake and SoftBank investment fuels optimism, but can it overcome challenges? Click for our INTC update.

MarketWatch · 1d

SoftBank Group and Intel Corporation Sign $2B Investment Agreement

The investment comes as both Intel and SoftBank deepen their commitment to investing in advanced technology and semiconductor innovation in the United States. Masayoshi Son, Chairman & CEO of SoftBank Group Corp.

1hon MSN

Trump administration Intel proposal criticized as ‘socialism’ by conservatives

Sen. Rand Paul and conservative commentator Erick Erickson expressed concerns about the Intel idea, the pair describing it as ...

More intel on that potential government Intel deal

Commerce Secretary Howard Lutnick has confirmed that the Trump administration is considering taking a stake in the struggling ...

12hon MSN

Kevin O'Leary Hates The Idea Of US Government Investing In Intel: 'Let The Losers Die And Their Assets Get Acquired By The Winners'

Intel Corporation INTC shares have risen in recent days with reports that the U.S. government could be acquiring 10% of the ...

14hon MSN

Trump thinks owning a piece of Intel would be a good deal for the US. Here’s what to know

The Trump administration is in talks to secure a 10% stake in Intel in exchange for converting government grants that were ...

19hon MSN

Nvidia And Intel Lead Tech Stock Drop As White House Reportedly Seeks Equity For CHIPS Grants

Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...

9h

Intel Stock Plunges Nearly 7% As It Seeks Billions More Post-SoftBank Deal While Trump Administration Considers Stake

Intel stock falls as the company seeks more investors after SoftBank deal and Trump administration considers equity stake.

8hon MSN

GOP senator: US stake in Intel would be ‘step toward socialism’

Sen. Rand Paul (Ky.), a libertarian-minded Republican, criticized the Trump administration’s push to acquire a stake in U.S.

2d

Trump’s Intel CEO clash reflects pattern of politically charged 'China ties' accusations

President Donald Trump on Aug. 7 called for Intel CEO Lip Bu Tan to resign, accusing him of being “highly conflicted” over ...

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