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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.
After months of turbulence, Intel Corp. bulls are finally being rewarded for their patience. But the stock’s sudden rebound ...
The U.S. government wants an equity stake in Intel in exchange for cash grants approved during the administration of former ...
Shares in the chip maker rose following news of SoftBank’s planned investment and a possible stake for the U.S. government.
Money might not be the solution to Intel Corp.’s problems.
The Trump administration wants U.S. chipmaker Intel to give the federal government an equity stake to receive $8 billion via ...
The stock closed nearly 7% higher Tuesday after Japan’s SoftBank (JP:9984) agreed to invest $2 billion in ...
Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...
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