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Intel, White House

US in talks over 10% Intel stake, White House confirms

"The president wants to put America's needs first, both from a national security and economic perspective," White House press secretary Karoline Leavitt told reporters.

· 5h · on MSN

White House confirms plans to take a stake in Intel - and it might be eyeing up other chipmakers too

· 1d · on MSN

Intel gets $2 billion from SoftBank as White House mulls stake

· 1d

US wants equity stake in Intel for cash grants approved under Biden

U.S. Commerce Secretary Howard Lutnick said on Tuesday the government wanted an equity stake in Intel in exchange for cash grants approved during the administration of former President Joe Biden.

· 1d

Trump Administration Discusses Taking 10% Stake in Intel

· 1d

Trump administration considers 10% stake in Intel to rescue embattled chip maker: reports

· 1d

US investment in Intel would be aimed at helping company stabilize, Bessent says

Bessent told CNBC's "Squawk Box" program: "The stake would be a conversion of the grants and maybe increase the investment into Intel to help stabilize the company for chip production here in the U.S...

· 1d

White House mulls shock 10% stake in tech giant... sending shares tumbling

· 2d

Trump administration in talks to take 10% stake in Intel, Bloomberg News reports

58mon MSN

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 promised under Biden.

20hon MSN

Commerce Secretary Lutnick says Intel needs to give government stake for CHIPS funding

Commerce Secretary Howard Lutnick on Tuesday confirmed that the government wants Intel to cough up a 10% equity stake in exchange for nearly $8 billion in CHIPS Act funding approved by the Biden administration. Lutnick said the the stake would be a return on its “investment” in the struggling chipmaker.

14hon MSN

Trump admin live updates: White House says Putin promised to meet with Zelenskyy in coming weeks

White House press secretary Karoline Leavitt said on Tuesday that Russian President Vladimir Putin has promised to meet with Ukrainian President Volodymyr Zelenskyy.

23hon 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.

Japanese tech investment giant SoftBank to invest $2 billion in Intel

The U.S. chipmaker has struggled to keep pace in the AI market alongside competitors like Nvidia. Softbank has agreed to buy Intel common stock at $23 per share.