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US in talks over 10% Intel stake, White House confirms
The White House confirmed on Tuesday that the Trump administration is working on a deal that could see the US government taking a 10% stake in chip giant Intel. "The president wants to put America's needs first, both from a national security and economic perspective," White House press secretary Karoline Leavitt told reporters.
The US government is in discussions to potentially take a partial ownership stake in Intel, according to an Aug. 18 report by ...
Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.
Money might not be the solution to Intel Corp.’s problems.
SoftBank will invest $2 billion into Intel as the struggling chipmaker pulls back on spending and lays off thousands of ...
Intel is getting a $2 billion capital injection from SoftBank Group in a major vote of confidence for the troubled U.S.
The U.S. chipmaker has struggled to keep pace in the AI market alongside competitors like Nvidia. Softbank has agreed to buy ...
After months of turbulence, Intel Corp. bulls are finally being rewarded for their patience. But the stock’s sudden rebound ...
The stock closed nearly 7% higher Tuesday after Japan’s SoftBank (JP:9984) agreed to invest $2 billion in ...
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