News

Trump administration vying to own a big stake in Intel after SoftBank’s $2 billion bet on company

U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley ...

Intel Shares Pop 7% As SoftBank Invests $2 Billion And Trump Administration Weighs Stake

A $2 billion investment represents a roughly 2% stake, ranking SoftBank the fifth-largest shareholder of Intel, while a ...

Tulane University’s Walter Isaacson: Trump’s push for Intel stake is ‘a scattershot method of crony capitalism’

Walter Isaacson, Tulane University professor and Perella Weinberg advisory partner, criticized the proposed U.S. government ...

Intel Stock Drops as U.S. Wants to Take Stake. Why Micron Is Falling, Too.

Intel looks to be set to get the U.S. government as a shareholder. The Trump administration could pursue equity stakes in ...

Bessent says the US wouldn't use a rumored stake in Intel 'to drum up business'

Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.

US in talks for a 10% Intel stake, White House says

The White House on Tuesday said it was “ironing out the details” of a deal that would entail the US government taking a 10 ...

Intel's stock hasn't had a week this strong in 50 years

Enthusiasm for a potential U.S. government stake in Intel Corp. is pushing the chip maker's stock toward its best week in 50 ...

White House investment in Intel aimed at reshoring supply chains

The White House is reviewing taking a 10% stake in chipmaker Intel, White House Press Secretary Karoline Leavitt explains the ...