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News

Intel, White House and US government

BBC on MSN · 1d
White House announces chipmaker Intel to give US government 10% stake
US Secretary of Commerce Howard Lutnick said on Friday that the federal government will take a 10% stake in Intel.
Insider on MSN · 13h
It's official: The US government is taking a nearly 10% stake in Intel
The US investment in Intel is a rare example of the government taking a stake in a private company. INTC closed up on Friday but dipped after hours.
Fox Business on MSN · 4d
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.
3don MSN

Chip Stocks Fall 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 ...
2don MSN

White House unveils details for EU trade deal

The White House unveiled details for its trade deal with the European Union (EU) on Thursday. The Trump administration said ...
4don 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.

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