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US in talks over 10% Intel stake, White House confirms
The White House confirmed on Tuesday that the Trump administration is working on a deal that could see the US government taking a 10% stake in chip giant Intel. "The president wants to put America's needs first, both from a national security and economic perspective," White House press secretary Karoline Leavitt told reporters.
Asked about reports that the U.S. was considering taking a 10% stake in Intel, Bessent told CNBC's "Squawk Box" program: "The ...
Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.
Money might not be the solution to Intel Corp.’s problems.
SoftBank is investing $2 billion in Intel, even as the White House is considering taking a 10% stake in chipmaker per reports ...
Money earmarked for semiconductor company under Chips Act could be converted into equity ...
Intel shares are trading marginally lower Monday. The stock is digesting significant gains fueled by reports that the Trump ...
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