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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 ...
US President Donald Trump said the US would take a 10 percent stake in Intel under a deal with the struggling chipmaker that ...
The U.S. government acquired a 10% stake in Intel, converting previously awarded grants into equity, a move hailed by ...
“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 ...
Banks screamed to new all-time highs, crypto rode the liquidity wave, and suddenly the tape looked like Powell had handed out ...
The Chips Act wasn’t about raising revenue, and an equity share wouldn’t enhance national security.
The U.S. government is converting CHIPS Act grants into an $8.9 billion equity stake in Intel, a landmark deal giving the ...
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 ...