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Trump administration vying to own a big stake in Intel

The Boston Globe · 6h

Trump administration vying to own a big stake in Intel after SoftBank’s $2 billion bet on company

The unusual deal would deepen the Trump administration’s financial ties with major computer chip manufacturers and punctuate a dramatic about-face from the president’s recent push to oust the company’s CEO.

Reuters on MSN · 13h

US Senator Sanders favors Trump plan to take stake in Intel and other chipmakers

Liberal U.S. Senator Bernie Sanders on Wednesday threw his support behind President Donald Trump's plan to convert U.S. grants to chipmakers, including $10.9 billion for Intel, into government stakes in the companies.

Intel federal takeover? Husted, Moreno express support for Trump plan to take stake

As the Trump administration considers taking an ownership stake in Intel, Ohio's senators are expressing their support.

US Seeks Equity Stake In Intel

Bloomberg on MSN · 2d

Lutnick Confirms US Seeks Intel Stake, Says No Governance Rights

Commerce Secretary Howard Lutnick confirmed discussions between the US and Intel Corp. for the government to take a stake in the chipmaker, casting the plan as a bid to convert Chips and Science Act grants into equity.

US Seeks Equity Stake In Intel In Return For Funding

US Commerce Secretary Howard Lutnick said Tuesday that chipmaker Intel should give the government an equity stake in the company in exchange for grants earlier committed by former president Joe Biden's administration.

TipRanks on MSN · 1d

Intel has to give U.S. gov equity for CHIPS Act funds, CNBC reports

Commerce Secretary Howard Lutnick said that in return for CHIPS Act funds, Intel (INTC) must give the U.S. government an equity stake, Annie

7h

Mike Pence Urges Trump to Rethink Nvidia Deal, Equity Stake in Intel

Former Vice President Mike Pence expressed concerns about the US government taking an equity stake in Intel Corp. and a cut ...

2don MSN

Intel gets $2 billion from SoftBank as White House mulls stake

SoftBank is investing $2 billion in Intel, even as the White House is considering taking a 10% stake in chipmaker per reports ...

15hon MSN

Tulane University’s Walter Isaacson: Trump’s push for Intel stake is ‘a scattershot method of crony capitalism’

Walter Isaacson, Tulane University professor and Perella Weinberg advisory partner, criticized the proposed U.S. government ...

16hon MSN

Sen. Chris Coons on China chip sales, U.S. government stake in Intel and Fed Gov. Lisa Cook

Sen. Chris Coons (D-Del.) joins 'Squawk Box' to discuss President Trump's deal to allow Nvidia and AMD to sell chips to China ...

1don MSN

Intel Stock Drops as U.S. Wants to Take a Stake. Why Micron Is Falling, Too.

Intel looks to be set to get the U.S. government as a shareholder. The Trump administration could pursue equity stakes in ...

2don MSN

Bessent says the US wouldn't use a rumored stake in Intel 'to drum up business'

Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.

9hon MSN

‘Socialism’: Trump faces right-wing attacks over Intel proposal

Conservative figures are attacking Trump after his administration confirmed the U.S. would seek a 10% stake in Intel, calling ...

1d

Bernie Sanders Likes Trump’s Plan for Government Taking Ownership in Tech Companies

There aren’t many things that Bernie Sanders and Donald Trump agree on. But we may have found one idea where the two men see ...

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