News

President Donald Trump is looking to increase the federal government's stake in chip manufacturers that receive funding from the CHIPS Act ...
Sen. Bernie Sanders (I-Vt.) voiced support Wednesday for the Trump administration’s plan to potentially take a stake in Intel, suggesting it aligned with an earlier effort to secure returns from ...
"This is a horrible precedent. This is socialism. All of you people were freaked out about Mamdani in New York City" ...
Two sources familiar with the discussions told Reuters that US Commerce Secretary Howard Lutnick has floated the idea in ...
Sharp drops in technology stocks, and even comments by OpenAI’s Sam Altman, suggest investors are getting too exuberant about ...
Key Takeaways Commerce Secretary Howard Lutnick said the Trump administration is exploring how the U.S. could receive equity stakes in semiconductor companies with CHIPS Act grants.Such deals could ...
United States Senator Bernie Sanders has thrown his support behind US President Donald Trump’s plan to convert US grants to ...
After making deals with the president to avoid punitive executive orders, Paul Weiss and Kirkland & Ellis are helping the ...
But Intel wasn't alone in winning CHIPS Act grants. As CNBC points out, Taiwan Semiconductor (TSMC) was awarded $6.6 billion ...
After months of turbulence, Intel Corp. bulls are finally being rewarded for their patience. But the stock’s sudden rebound comes with a worrying side effect: a valuation so high its most ...
Intel shares gained on Tuesday after the White House confirmed the Trump administration is negotiating a deal that could see ...
The CNBC report, which cited people familiar with the matter, did not name the potential investors. Intel, whose shares fell ...