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US Seeks Equity Stake In Intel

Reuters on MSN · 1d

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 President Joe Biden, Commerce Secretary Howard Lutnick said on Tuesday. Separately,

UPI on MSN · 1d

Trump administration seeks an equity stake in chipmaker Intel

The Trump administration wants U.S. chipmaker Intel to give the federal government an equity stake to receive $8 billion via the CHIPS and Science Act.

New York Post on MSN · 1d

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.

23hon MSN

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 ...

GCN30m

US seeks Intel stake for grant aid

The US seeks an intelligence-sharing stake in exchange for grant aid, raising questions on foreign assistance and security ...

2d

US seeks Intel stake without governance rights, Lutnick says

Commerce Secretary Howard Lutnick confirmed discussions between the US and Intel Corp. for the government to take a stake in ...

3h

From SoftBank to Trump, everyone wants a piece of Intel. Here's what it means for Arizona

The back-to-back news items signal a public and private sector commitment to domestic semiconductor production and underscore Intel's importance.

13h

Intel Stock Plunges Nearly 7% As It Seeks Billions More Post-SoftBank Deal While Trump Administration Considers Stake

Intel stock falls as the company seeks more investors after SoftBank deal and Trump administration considers equity stake.

1h

Intel Stock Could Keep Soaring as Deals Boost Confidence

Softbank owns a majority stake in Arm. Arm-based chips dominate the smartphone market, and they're starting to compete with ...

19h

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 ...

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