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Intel, Cash Grants and Equity Stake

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.

Reuters · 1d

US examines equity stake in chip makers for CHIPS Act cash grants, sources say

U.S. Commerce Secretary Howard Lutnick is looking into the government taking equity stakes in Intel as well as other chip companies in exchange for grants under the CHIPS Act that was meant to spur factory-building around the country,

U.S. News & World Report · 1d

US Wants Equity Stake in Intel for Cash Grants Approved Under Biden

The U.S. government wants an equity stake in Intel in exchange for cash grants approved during the administration of former President Joe Biden, Commerce Secretary Howard Lutnick said on Tuesday. Separately,

Intel, SoftBank and White House

Fox Business on MSN · 1d

Intel gets $2 billion from SoftBank as White House mulls stake

SoftBank is investing $2 billion in Intel, even as the White House is considering taking a 10% stake in chipmaker per reports, as talks with the company and Trump's team advance.

Forbes on MSN · 1d

Intel Shares Pop 7% As SoftBank Invests $2 Billion And Trump Administration Weighs Stake

A $2 billion investment represents a roughly 2% stake, ranking SoftBank the fifth-largest shareholder of Intel, while a reported 10% stake by the U.S. would be worth about $10.4 billion as of Monday’s share price.

The Wall Street Journal on MSN · 2d

White House in Talks With Intel for 10% U.S. Government Stake

Money earmarked for the company under the Chips Act could be converted into equity.

1don MSN

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 ...

The White House reportedly discussing taking a stake in Intel, sending shares climbing

The Trump administration is reportedly considering having the US government take a stake in Intel, a company that was once ...

Outlook Business1d

White House Mulls Converting Chips Act Grants into 10% Stake in Intel, SoftBank Invests $2Bn

The US government is weighing a plan to take roughly a 10% equity stake in Intel by converting part of the company’s awards ...

1don MSN

Bessent says the US wouldn't use a rumored stake in Intel 'to drum up business'

Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.

1don MSN

The Trump administration confirms it’s seeking a stake in Intel. Why? It depends who you ask

Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick confirmed on Tuesday that the US government is considering an extraordinary investment in struggling chipmaker Intel. But they ...

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