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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 other companies including Taiwan Semiconductor Manufacturing

GOP senator: US stake in Intel would be ‘step toward socialism’

Sen. Rand Paul (Ky.), a libertarian-minded Republican, criticized the Trump administration’s push to acquire a stake in U.S. chipmaker Intel, suggesting the move would be a “step toward socialism.” “If socialism is government owning the means of production,

Commerce Secretary Lutnick says Intel needs to give government stake for CHIPS funding

Commerce Secretary Howard Lutnick on Tuesday confirmed that the government wants Intel to cough up a 10% equity stake in exchange for nearly $8 billion in CHIPS Act funding approved by the Biden administration.

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.

Intel's stock hasn't had a week this strong in 50 years

Enthusiasm for a potential U.S. government stake in Intel Corp. is pushing the chip maker's stock toward its best week in 50 years. Intel shares were up 6.8% in Friday trading, on top of a 7.4% rise in Thursday's session.
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