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The Commerce Department oversees the $52.7 billion CHIPS Act, formally known as the CHIPS and Science Act. The act, signed ...
The Trump administration is in talks to secure a 10% stake in Intel in exchange for converting government grants that were pledged to Intel under Pres. Biden.
Senior officials inside the White House are weighing a plan that would make the United States government the largest single shareholder in Intel (NASDAQ:INTC). This would convert billions of dollars ...
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Bernie Sanders and Donald Trump form an unlikely alliance over billions in chipmaker subsidies
Trump has a newfound taste for state involvement in the private sector. It’s a palette Sanders has long enjoyed.
Intel shares fell nearly 7% on Wednesday after CNBC reported the chipmaker is in talks with additional large investors for a ...
Intel faces financial turbulence in 2025, seeking equity from SoftBank, institutional investors, and even the U.S. government as it undertakes a dramatic turnaround in the semiconductor race.
U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley ...
Mobsters and governments don’t always wear the same suits, but both can drain a business under the guise of helping.
The U.S. government aims to take an equity stake in Intel, Commerce Secretary Howard Lutnick said Tuesday morning. Conservative radio host Erick Erickson explains why this is socialism. The Morning ...
Commerce Secretary Howard Lutnick is suggesting the U.S. government should take a 10% stake in Intel in exchange for federal support. Conservative radio host Erick Erickson sounded the alarm, calling ...
Holding All the Cards The U.S. and EU forged a transformative $1.7 trillion trade deal this morning that zeroes in on energy, autos, and technology, particularly advanced artificial intelligence (AI) ...
This came after President Donald Trump announced that the US government was keen on supporting the beleaguered company with financial backing through the CHIPS Act funds, in exchange for a 10-percent ...
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