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U.S. President Donald Trump is injecting nearly $9 billion into Intel in exchange for a 9.9% equity stake. What Intel needs ...
Intel shares were up about 6% on the day, adding to earlier gains after reports that President Trump is set to announce the U ...
The back-to-back news items signal a public and private sector commitment to domestic semiconductor production and underscore ...
Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...
Commerce Secretary Howard Lutnick told CNBC on Tuesday that the U.S. government must receive an equity stake in Intel in ...