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Trump Targets Equity Stake in CHIPS-Funded Stocks
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Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...
Intel faces financial turbulence in 2025, seeking equity from SoftBank, institutional investors, and even the U.S. government as it undertakes a dramatic turnaround in the semiconductor race.
The back-to-back news items signal a public and private sector commitment to domestic semiconductor production and underscore Intel's importance.
Commerce Secretary Howard Lutnick said the Trump administration plans to convert federal funding pledged to Intel Corp. INTC ...
Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...
The US government is in discussions to potentially take a partial ownership stake in Intel, according to an Aug. 18 report by ...
Intel stock falls as the company seeks more investors after SoftBank deal and Trump administration considers equity stake.
The Register on MSN1d
Uncle Sam eyes slice of Intel in return for CHIPS Act cash
Micron, TSMC, and more have also been awarded billions in subisidies The US government is considering taking a stake in Intel ...
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