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US Government Makes $8.9B Investment to Take 10% Stake in Intel
Under the deal, the US government is committing $8.9 billion to purchase Intel stock, which would give the government a 9.9% stake in the company. That's in addition to the $2.2 billion grant Intel has already received from the US under the CHIPS Act, which was signed into law by former President Joe Biden in 2022.
1don MSN
Why Intel Stock Soared Today
Intel ( INTC 5.64%) stock is leaping higher in Friday's trading thanks to a pair of bullish catalysts. The semiconductor ...
Shining a Spotlight on Intel Intel (NASDAQ:INTC) has emerged from the shadows of its semiconductor rivals, capturing the ...
The Trump administration previously signaled interest in investing in the struggling chip maker and will use funds from Biden ...
Intel shares were up about 6% on the day, adding to earlier gains after reports that President Trump is set to announce the U ...
In a just-breaking development, Bloomberg reports the Trump administration may take a 10% stake in Intel ( INTC -3.71%) -- ...
3don 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 ...
Intel ( INTC) stock climbed more than 5% in pre-market trading Tuesday following the announcement that SoftBank Group ( SFTBY ...
Intel Corp (NASDAQ:INTC) shares are trading higher Tuesday after it was announced that Softbank will invest $2 billion in the ...
3don MSN
Why Intel Stock Is Sinking Today
Intel stock dips as the U.S. government eyes an equity stake. Commerce Secretary Howard Lutnick told CNBC that the U.S.
Late Edition" focuses on the intersection of politics and global business. On today's show, Former Kansas City Fed President, ...
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