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CHIPS, Intel and equity stake

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.

UPI News on MSN · 1d

Trump administration seeks an equity stake in chipmaker Intel

The Trump administration wants U.S. chipmaker Intel to give the federal government an equity stake to receive $8 billion via the CHIPS and Science Act.

TipRanks on MSN · 16h

U.S. look at taking equity stake in exchange for CHIPS Act grants, Reuters says

U.S. Commerce Secretary Howard Lutnick is looking into the government taking equity stakes in Intel (INTC) as well as other chipmakers in exchange

Intel, White House

TechRadar on MSN · 17h

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

The chipmaker has faced serious uncertainty in recent months, with multiple quarters of revenue decline, but the agreement could involve trading Intel shares for existing governme

Fox Business on MSN · 1d

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.

BBC on MSN · 1d

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

The White House confirmed on Tuesday that the Trump administration is working on a deal that could see the US government taking a 10% stake in chip giant Intel. "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.

Independent.ie on MSN1h

It’s not just Intel – Trump White House wants ‘piece of the action’ from all grant-aided chipmakers, says Howard Lutnick

US commerce secretary Howard Lutnick is looking into the White House taking equity stakes in Intel and other chipmakers in exchange for grants under the Chips Act, which aims to spur factory-building ...

US Government Weighs 10% Stake in Intel

The US government is in discussions to potentially take a partial ownership stake in Intel, according to an Aug. 18 report by ...

1don 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.

Intel shares pop on SoftBank investment, and other early market movers

Here are some of the stocks making notable moves in Tuesday's premarket action: Intel shares are jumping more than 6% after ...

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