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Intel, CHIPS and US government

Euronews on MSN · 36m

US government pushes for 10% Intel stake amid US-China chip war

The Trump administration is moving to convert billions in CHIPS Act subsidies into a 10% equity stake in Intel. The first-of-its-kind deal would make Washington the company’s largest shareholder and signal a new era of direct government ownership in Silicon Valley.

New York Post on MSN · 17h

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. Lutnick said the the stake would be a return on its “investment” in the struggling chipmaker.

BBC on MSN · 1d

Intel shares jump as Softbank to buy $2bn stake in chip giant

Intel shares have jumped after Japanese technology investment giant Softbank said it is buying a $2bn (£1.5bn) stake in the US computer chip maker. The announcement came just hours after new reports that the Trump administration is in talks to take a stake of around 10% in Intel by converting government grants into shares.

10mon MSN

Trump thinks owning a piece of Intel would be a good deal for the US. Here’s what to know

The Trump administration is in talks to secure a 10% stake in Intel in exchange for converting government grants that were ...

14h

US Government Weighs 10% Stake in Intel

The US government is in discussions to potentially take a partial ownership stake in Intel, according to an Aug. 18 report by ...

1h

Intel's advantages from a Trump deal could be worth as much as the money

The ongoing US trade policy saga has revealed there are many ways for the administration to help a company's fortunes ...

9hon MSN

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

U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley ...

16h

Trump considering buying government stake in Intel, Lutnick confirms

Intel was under the Wall Street spotlight Tuesday as shares popped nearly 7% on news that the struggling chip maker secured a ...

1d

Intel: Government And SoftBank Money Won't Solve Its Tech Crisis

Intel Corporation sees a steep rally; speculation over U.S. stake and SoftBank investment fuels optimism, but can it overcome ...

3hon MSN

Intel Rescue Will Depend on Trump as Investor — and Pitchman

A US government plan to take a stake in Intel Corp. would give the ailing chipmaker a powerful backer, even if a bigger ...

19hon MSN

US wants equity stake in Intel for cash grants approved under Biden

The U.S. government wants an equity stake in Intel in exchange for cash grants approved during the administration of former ...

22hon MSN

The government may take a stake in Intel. But it’s not about making money, Bessent suggests

Treasury Secretary Scott Bessent hinted Tuesday the US government may be considering taking a stake in struggling chipmaker ...

1d

Trump’s Intel CEO clash reflects pattern of politically charged 'China ties' accusations

President Donald Trump on Aug. 7 called for Intel CEO Lip Bu Tan to resign, accusing him of being “highly conflicted” over ...

4don MSN

Intel shares rise on report of possible US government stake

Intel shares rose nearly 4% on Friday on hopes of more financial aid for the turnaround of the struggling chipmaker after a ...

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