In the capitalist American economy, markets pick winners, and the federal government typically stays out of the way of business. But during times of crisis or war, the government has occasionally felt ...
The U.S. government plans to take a 10% stake in Intel, President Donald Trump told reporters Friday. Bloomberg was first to report the news, which pushed the semiconductor chip company’s stock up ...
The Trump administration wants the United States to be the dominant force when it comes to artificial intelligence, and one way the administration hopes to achieve primacy is by bringing semiconductor ...
Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick confirmed on Tuesday that the US government is considering an extraordinary investment in struggling chipmaker Intel. But they ...
The deal is among the largest government interventions in a U.S. company since the rescue of the auto industry after the 2008 financial crisis. By Tripp Mickle Lauren Hirsch and Ana Swanson Tripp ...
Before Nvidia’s Jensen Huang and Intel’s Lip-Bu Tan started a press conference to announce a “historic” partnership between the two American chipmakers on September 18th, they were caught in an ...
President Trump is weighing taking a 10% stake in computer chip maker Intel. If approved, it would mark one of the largest U.S. government interventions in a private company since the auto bailout of ...
WASHINGTON ― The Trump administration is in talks for the federal government to take a 10% equity stake in the troubled chipmaker company Intel, White House officials confirmed. The discussions, which ...
Nvidia said on Thursday that it would buy $5 billion worth of Intel’s common stock, becoming another major shareholder in the beleaguered company just weeks after the US government took a roughly 10% ...
President Trump said that Intel has agreed to give the U.S. government a 10% stake in its business. Speaking with reporters on Friday, Mr. Trump said the deal came out of a meeting last week with ...
Intel put a number to its ongoing layoffs for the first time Thursday, indicating that it’s in the final stages of eliminating more than 15,000 jobs across the company. It’s also dramatically scaling ...
The U.S. government has taken a passive 10% equity stake in Intel. Intel has been struggling to grow its revenue in recent years. The chipmaker booked a significant loss in 2024. Intel has been ...
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