Order byBest matchMost fresh

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 promised under Biden.

Intel in Talks With Large Investors for Equity Boost at Discount, CNBC Reports

(Reuters) -Intel is in talks with other large investors to receive an equity infusion at a discounted price, CNBC reported on Wednesday, just days after the chipmaker got a $2 billion capital injection from SoftBank Group.

Analysis-Did Trump save Intel? Not really

U.S. President Donald Trump is injecting nearly $9 billion into Intel in exchange for a 9.9% equity stake. What Intel needs is external customers for its so-called cutting-edge 14A manufacturing process - a tough ask,

Intel gets $2 billion lifeline in the form of SoftBank equity investment

Aug 19 (Reuters) - Intel (INTC.O) is getting a $2 billion capital injection from SoftBank Group (9984.T) in a major vote of confidence for the troubled U.S. chipmaker in the middle of a turnaround.

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.
Feedback