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· 13mWhy Intel warns that government stake may hurt shareholders
On Friday, President Trump struck a deal with Intel. In exchange for around $9 billion in grants that the federal government awarded to the chipmaker during the Biden administration, the U.S. government gets an ownership stake in the company — just shy of 10%.
· 5hIntel warns Trump-backed US stake could hurt international sales, future grants
WASHINGTON (Reuters) - Intel said on Aug. 25 that the U.S. government's 9.9% stake in the chipmaker could pose risks to its business, from potentially harming international sales to limiting its ability to secure future government grants.
Intel (NASDAQ:INTC) shares rose 1% on Monday — though off their best levels of the session — as the company laid out new risk ...
The Trump administration has converted CHIPS Act funding for Intel into an equity stake in the company, shifting industry ...
Intel has agreed to the U.S. government taking a stake in it, President Donald Trump and the company announced Friday, ...
6h
The U.S. stake in Intel may be the beginning of a U.S. sovereign wealth fund, Hassett says (updated)
The U.S. government's 10% stake in Intel (INTC) may form the basis of a U.S. sovereign wealth fund, Kevin Hassett, director ...
The Trump administration said Friday that it had taken a 10 percent stake in Intel, the president's latest extraordinary move ...
Sen. Rand Paul (Ky.), a libertarian-minded Republican, criticized the Trump administration’s push to acquire a stake in U.S.
Economic policy analyst James Pethokoukis criticized the U.S. government’s recent stake in Intel ( NASDAQ: INTC ), suggesting ...
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