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The Chips Act wasn’t about raising revenue, and an equity share wouldn’t enhance national security.
The U.S. government acquired a 10% stake in Intel, converting previously awarded grants into equity, a move hailed by ...
Just five months into his tenure as chief executive of Intel, Tan was already fighting for his job. A few days earlier, ...
The US Department of Commerce is reportedly weighing whether to convert part of the subsidies granted to Intel and TSMC under ...
Intel’s shares closed up 5.5% last Friday on news of the government’s equity stake, but fell 1% in post-market trading after ...
“Under the terms of the agreement, $8.9 billion in grants that had been awarded to Intel from the 2022 CHIPS Act, but not yet ...
President Donald Trump sealed a deal that gives the US government a nearly 10 per cent stake in Intel, part of an ...
Everything to Know about Macro and Markets Stocks closed the week firmly in the green after Friday’s rally flipped the ...
Banks screamed to new all-time highs, crypto rode the liquidity wave, and suddenly the tape looked like Powell had handed out ...
The U.S. government is converting CHIPS Act grants into an $8.9 billion equity stake in Intel, a landmark deal giving the ...