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News

Trump administration weighs 10% stake in Intel

Reuters on MSN · 8h
Trump administration in talks to take 10% stake in Intel, Bloomberg News reports
The Trump administration is in talks to take a 10% stake in Intel by converting some or all of the struggling company's Chips Act grants into equity, Bloomberg News reported, citing a White House official and other people familiar with the matter.
CNBC on MSN · 21m
Trump administration weighs 10% stake in Intel via Chip Act grants, making government top shareholder
The Trump administration is reportedly discussing a deal to take a 10% stake in Intel, which could potentially leverage Chips Act funding as part of the equity.
Bloomberg · 4d
Trump Administration Said to Discuss US Taking Stake in Intel
The Trump administration is in talks with Intel Corp. to have the US government take a stake in the beleaguered chipmaker, according to people familiar with the plan, in the latest sign of the White House’s willingness to blur the lines between state and industry.
27mon MSN

Intel receives $2B investment from Japan's SoftBank

Intel is getting a $2 billion lifeline from Japan's SoftBank, the companies announced Monday after signing a definitive ...
1hon MSN

SoftBank Makes Surprise $2 Billion Bet on Intel’s AI Revival

SoftBank Group Corp. agreed to buy $2 billion of Intel Corp. stock, a surprise deal to shore up a struggling US name while boosting its own chip ambitions.The Japanese company, which is adding Intel ...

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