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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 ...
The CNBC report, which cited people familiar with the matter, did not name the potential investors. Intel, whose shares fell ...
Commerce Secretary Howard Lutnick said the Trump administration plans to convert federal funding pledged to Intel Corp. INTC ...
Owning the Means of Production The Trump administration’s push for a 10% equity stake in Intel (NASDAQ:INTC), leveraging ...
Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...
(Reuters) -Intel is in talks with other large investors to receive an equity infusion at a discounted price, CNBC reported on ...
The Register on MSN4h
Uncle Sam eyes slice of Intel in return for CHIPS Act cash
Micron, TSMC, and more have also been awarded billions in subisidies The US government is considering taking a stake in Intel ...
Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.
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