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A 10% stake was reportedly under consideration in return for grants pledged under former president Joe Biden’s administration ...
Major U.S. equities indexes were mixed Tuesday as tech sector losses weighed on their performance. The S&P 500 ended the session 0.6% lower, while the tech-heavy Nasdaq dropped 1.5%. The Dow held onto ...
In its latest push into A.I. and semiconductors, SoftBank yesterday (Aug. 18) announced a $2 billion investment in Intel. The ...
The ambitions that Lutnick confirmed in a televised interview with CNBC came the day after various news outlets reported on ...
Bloomberg Intelligence's Kunjan Sobhani says the government taking a stake in Intel would not be a good outcome for ...
Director of National Intelligence Tulsi Gabbard announced the revocation of 37 security clearances of current and former ...
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Commerce Secretary Howard Lutnick on Tuesday confirmed that the government wants Intel to cough up a 10% equity stake in ...
An Intel deal would be one of the largest government interventions in private industry since the U.S. auto industry's bailout under President Obama.
The U.S. government is poised to take a 10% stake in Intel, signaling renewed intervention in key commercial enterprises.
Intel is getting a $2 billion lifeline from SoftBank and could get more from the Trump administration. But that might not be ...