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Trump says US will take 10% stake in Intel because CEO wants to “keep his job”
Intel has agreed to sell the US a 10 percent stake in the company, Donald Trump announced at a news conference Friday. The US stake is worth $10 billion, Trump said, confirming that the deal was inked following his talks with Intel CEO Lip-Bu Tan.
The Trump administration is backing away from suggestions it could take a stake in TSMC, despite its plans to demand shares ...
1don MSNOpinion
The Donald Trump Administration Is Pondering Equity Stakes in Intel, TSMC, Micron, and Samsung -- and It Sets a Dangerous Precedent
The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average have gone for a wild ride since President Trump took office.
Yet Intel still matters, as Mr Trump’s interest shows. The most advanced chips, vital for smartphones and AI, are now made ...
Intel’s shares closed up 5.5% last Friday on news of the government’s equity stake, but fell 1% in post-market trading after ...
The Trump administration is considering taking equity stakes in companies getting funds from the 2022 CHIPS Act but has no ...
Investment banking firm JPMorgan thinks Intel should walk away from the chip-making business, and push into its Intel Foundry ...
The back-to-back news items signal a public and private sector commitment to domestic semiconductor production and underscore ...
The US government takes a 9.9% stake in Intel with an $8.9B investment, but analysts warn funding alone may not save its ...
TSMC's moat continues to be wide, as Intel's foundries future is uncertain, with no major customer for 14A yet, as 18A is ...
The new funding would be another financial lifeline for Intel, as billions of dollars in investment to expand its contract ...
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