News

The US government is poised to take a 10% equity stake in Intel. The news follows yesterday’s announcement that Softbank Group will invest a further $2-billion in the US chip-maker. Now, according to ...
By Andrea Shalal, David Shepardson, Nandita Bose and Max A. Cherney WASHINGTON/SAN FRANCISCO (Reuters) -U.S. Commerce ...
The U.S. has taken stakes in struggling firms before—most notably, General Motors, during the 2008 financial crisis, before ...
Howard Lutnick said the Trump administration plans to convert federal funding pledged to Intel under the CHIPS Act into an ...
The U.S. Department of Commerce is considering a deal to take an equity stake in Intel and other tech firms that received ...
The Trump administration has recently made unusual deals with U.S. companies, including allowing AI chip giant Nvidia to sell its H20 chips to China in exchange for the U.S. government receiving ...
The White House has confirmed that the USA is to become Intel's largest shareholder. Meanwhile, there are reports of further ...
The Trump administration is exploring a possible 10% stake in Intel Corp. via US Chips and Science Act grants, aiming to become Intel's largest shareholder amid declining sales and industry challenges ...
The US government is reportedly to take another step to distort business operation. The White House confirmed on Tuesday that the Trump administration is working on a deal that could see the US ...
US Commerce Secretary Howard Lutnick says Trump wants a 'good return' for American taxpayers. Subsidies under the CHIPS Act ...
US government is considering equity stakes in companies receiving CHIPS Act funding, including TSMC, Micron, Samsung, and ...