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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 ...
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Trump's Nvidia and Intel meddling is a 'scattershot method of crony capitalism': Walter Isaacson
The White House is pushing for a stake in embattled chipmaker Intel after making deals with Nvidia and AMD to sell chips to China for a 15% cut.
The Silicon Valley chipmaker’s journey from icon to a government project, with the sale of a 10 percent stake to the Trump ...
President Donald Trump said on Friday the U.S. would take a 10% stake in Intel under a deal with the struggling chipmaker ...
President Donald Trump's announcement that the U.S. government now holds a 10% stake in Intel, valued at $11 billion, has sparked sharp debate, with economist Peter Schiff calling it unconstitutional ...
Former Vice President Mike Pence expressed concerns about the US government taking an equity stake in Intel Corp. and a cut ...
The deal is among the largest government interventions in a U.S. company since the rescue of the auto industry after the 2008 ...
Target names a new CEO and posts quarterly earnings that beat analysts’ forecasts, while Palantir extends losses into a sixth ...
President Trump is weighing taking a 10% stake in computer chip maker Intel. If approved, it would mark one of the largest ...
Speaking with reporters on Friday, President Trump said the deal came out of a meeting last week with Intel CEO Lip Bu Tan.
The Silicon Valley tech giant, which has a new leader, has lagged behind its rivals during the AI boom and is slashing costs.
AMD and Intel are winning share at the margins but can't break Nvidia's CUDA ecosystem and supply chain advantages by 2028.
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