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Intel, SoftBank and White House

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.

· 13h · on MSN

Intel gets $2 billion from SoftBank as White House mulls stake

· 2h · on MSN

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

· 1d

Trump administration considers 10% stake in Intel to rescue embattled chip maker: reports

The Trump administration is reportedly discussing taking a 10 percent stake in struggling U.S. chipmaker Intel.

· 9h

Trump Administration Weighs 10% Stake in Intel Through Chips Act Grants

· 16h

US investment in Intel would be aimed at helping company stabilize, Bessent says

· 1d

White House mulls shock 10% stake in tech giant... sending shares tumbling

Analysts say federal backing could give Intel more room to revitalize its loss-making foundry business.

· 1d

Trump administration in talks to take 10% stake in Intel, Bloomberg News reports

· 12h

Trump's Plans for Intel Take a Page From Bernie Sanders' Playbook

Intel CEO to visit White House on Monday, WSJ reports

STORY: Intel CEO Lip-Bu Tan is set to visit the White House on Monday after U.S. President Donald Trump called for his removal last week. That's according to a Wall Street Journal report on Sunday, citing people familiar with the matter.

9hon MSN

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.

12hon MSN

Bessent says the US wouldn't use a rumored stake in Intel 'to drum up business'

Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.

23h

Japanese tech investment giant SoftBank to invest $2 billion in Intel

The U.S. chipmaker has struggled to keep pace in the AI market alongside competitors like Nvidia. Softbank has agreed to buy Intel common stock at $23 per share.