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STORY: The U.S. has confirmed it could invest in Intel, but government involvement in the sector might not stop there.Speaking Tuesday, White House Press Secretary Karoline Leavitt said Commerce ...
SINGAPORE (Reuters) - Shares in Asia fell on Wednesday, weighed down by a tech-led selloff on Wall Street, while the dollar ...
The Trump administration recently allowed AI chip giant Nvidia to sell its H20 chips to China in exchange for the U.S.
U.S. Commerce Secretary Howard Lutnick is weighing whether the federal government should take equity stakes in semiconductor ...
Commerce Secretary Howard Lutnick is exploring government equity stakes in Intel and other chip companies for CHIPS Act grants. This strategy aims to boost U.S. manufacturing. The move, backed by ...
But the stock’s sudden rebound comes with a worrying side effect: a valuation so high its most recent precedent is from the dot-com era more than two decades ago. Shares of the struggling chipmaker ...
U.S. Commerce Secretary Howard Lutnick is looking into the government taking equity stakes in Intel as well as other chip ...
The heaviest weight on the market was Nvidia, whose chips are powering much of the move into AI. It sank 3.5%.
In its latest push into A.I. and semiconductors, SoftBank yesterday (Aug. 18) announced a $2 billion investment in Intel. The ...
Commerce Secretary Howard Lutnick confirmed discussions between the US and Intel Corp. for the government to take a stake in ...
Wall Street is edging further from its records. NEW YORK (AP) — Wall Street is edging lower on Tuesday following drops for ...
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