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The president has this year secured trillions of dollars’ worth of pledges to invest in the US — even if some of those commitments are repackaged versions of existing plans. That includes a vow by ...
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Nvidia And Intel Lead Tech Stock Drop As White House Reportedly Seeks Equity For CHIPS Grants
Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...
But Intel wasn't alone in winning CHIPS Act grants. As CNBC points out, Taiwan Semiconductor (TSMC) was awarded $6.6 billion ...
Throwing a lifeline to the troubled chipmaker in the form of equity ownership is a smart move, but the US needs to think ...
The industry looks very different from when Intel was the clear leader. Nvidia and AMD dominate AI and data centers, while ...
Two sources familiar with the discussions told Reuters that US Commerce Secretary Howard Lutnick has floated the idea in connection with an ongoing plan to acquire ...
Intel has been awarded about $11 billion from the CHIPS Act including about $8 billion for domestic semiconductor ...
Intel is in talks with other large investors to receive an equity infusion at a discounted price, CNBC reported on Wednesday, ...
Taiwan Semiconductor's Arizona unit turns profitable for the first time in 2025, while Samsung and Intel try to compete with ...
Trump administration has recently made unusual deals with US companies, including allowing AI chip giant Nvidia to sell H20 chips to China, exchange for the US government receiving 15% of those sales ...
The US government is in discussions to potentially take a partial ownership stake in Intel, according to an Aug. 18 report by ...
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