News

Intel’s shares closed up 5.5% last Friday on news of the government’s equity stake, but fell 1% in post-market trading after ...
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 ...
Trump takes 10% of Intel, as Washington becomes Chinatown on industrial policy.
The Chips Act wasn’t about raising revenue, and an equity share wouldn’t enhance national security.
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 ...
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 ...
Former Republican presidential candidate Nikki Haley condemned the Trump administration’s decision to take a 10 percent stake ...
The US investment in Intel is a rare example of the government taking a stake in a private company. INTC closed up on Friday ...
Defense Secretary Pete Hegseth has fired a general whose agency’s initial intelligence assessment of U.S. damage to Iran ...