News

The White House confirmed on Tuesday that the Trump administration is working on a deal that could see the US government ...
SoftBank is investing $2 billion in Intel, even as the White House is considering taking a 10% stake in chipmaker per reports ...
U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley ...
A $2 billion investment represents a roughly 2% stake, ranking SoftBank the fifth-largest shareholder of Intel, while a ...
An Intel deal would be one of the largest government interventions in private industry since the U.S. auto industry's bailout under President Obama.
Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick confirmed on Tuesday that the US government is considering an extraordinary investment in struggling chipmaker Intel. But they ...
Money earmarked for the company under the Chips Act could be converted into equity.
The Trump administration is in talks to take a 10% stake in Intel by converting some or all of the struggling company's Chips ...
The White House on Tuesday said it was “ironing out the details” of a deal that would entail the US government taking a 10 ...