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US government pushes for 10% Intel stake amid US-China chip war
The US government could become the largest shareholder in Intel, one of the most important US technology companies, marking ...
Wall Street analysts don’t expect the money alone to turn around Intel’s business, which has suffered from years of declining sales and the loss of market share ...
Analysts blamed a confluence of factors for the weakness in tech stocks, including concerns over steep valuations, investors ...
Sen. Rand Paul (Ky.), a libertarian-minded Republican, criticized the Trump administration’s push to acquire a stake in U.S.
President Donald Trump is looking to increase the federal government's stake in chip manufacturers that receive funding from ...
After making deals with the president to avoid punitive executive orders, Paul Weiss and Kirkland & Ellis are helping the Commerce Department.
"This is a horrible precedent. This is socialism. All of you people were freaked out about Mamdani in New York City" ...
WASHINGTON (Reuters) -Liberal U.S. Senator Bernie Sanders on Wednesday threw his support behind President Donald Trump's plan ...
But Intel wasn't alone in winning CHIPS Act grants. As CNBC points out, Taiwan Semiconductor (TSMC) was awarded $6.6 billion ...
Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...
The U.S. Commerce Department is weighing whether to take an equity stake in Intel and other chip companies in exchange for ...
Shares of the struggling chipmaker have rallied on reports that the U.S. is in talks for a potential equity stake.
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