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The U.S. government aims to take an equity stake in Intel, Commerce Secretary Howard Lutnick said Tuesday morning. Conservative radio host Erick Erickson explains why this is socialism. The Morning ...
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Raw Story on MSN'Oh my god!' MSNBC panel incredulous as they see Trump admin sprinting towards socialism
A proposal by Donald Trump’s commerce secretary that tech industry giant Intel should hand over an equity stake to the U.S. government in exchange for CHIPS Act funds set off laughter and incredulity ...
By Alexandra Alper WASHINGTON (Reuters) -Liberal U.S. Senator Bernie Sanders on Wednesday threw his support behind President ...
The US seeks an intelligence-sharing stake in exchange for grant aid, raising questions on foreign assistance and security collaboration.
Senior officials inside the White House are weighing a plan that would make the United States government the largest single shareholder in Intel (NASDAQ:INTC). This would convert billions of dollars ...
Intel and SoftBank announced on Monday that the Japanese conglomerate will invest $2 billion in the U.S. chipmaker. SoftBank is purchasing Intel’s common ...
This came after President Donald Trump announced that the US government was keen on supporting the beleaguered company with financial backing through the CHIPS Act funds, in exchange for a 10-percent ...
Recent moves by the Trump administration underscore how semiconductors have become inseparable from industrial policy, both ...
Sen. Rand Paul and conservative commentator Erick Erickson expressed concerns about the Intel idea, the pair describing it as ...
The back-to-back news items signal a public and private sector commitment to domestic semiconductor production and underscore Intel's importance.
Bernie Sanders supports Trump administration's plan to convert CHIPS grants to stakes in recipient companies. Read more.
Yet Intel still matters, as Mr Trump’s interest shows. The most advanced chips, vital for smartphones and AI, are now made almost entirely by TSMC. America’s tech giants depend on it. Such reliance on ...
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