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At the same time, the U.S. government has signaled interest in taking a direct stake. Treasury Secretary Scott Bessent described domestic semiconductor production as vital to national security, while ...
The U.S. government wants to take a 10% stake in Intel. It also wants to trade the free grant money that it already promised ...
Throwing a lifeline to the troubled chipmaker in the form of equity ownership is a smart move, but the US needs to think ...
The Trump administration is in discussions to take a stake of about 10% in Intel, possibly by converting grants made to the ...
Intel shares gained on Tuesday after the White House confirmed the Trump administration is negotiating a deal that could see ...
But Intel wasn't alone in winning CHIPS Act grants. As CNBC points out, Taiwan Semiconductor (TSMC) was awarded $6.6 billion ...
The Trump administration is testing a simple proposition: if Washington funds you, Washington should own a piece of you.
Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...
Intel looks to be set to get the U.S. government as a shareholder. The Trump administration could pursue equity stakes in other companies including Taiwan Semiconductor Manufacturing ...
The U.S. Commerce Department is weighing whether to take an equity stake in Intel and other chip companies in exchange for ...
President Donald Trump on Tuesday offered his assurances that U.S. troops would not be sent to Ukraine to defend against ...
President Donald Trump wants the U.S. government to own a piece of Intel, less than two weeks after demanding the Silicon ...