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Wall Street analysts don’t expect the money alone to turn around Intel’s business, which has suffered from years of declining sales and the loss of market share ...
The US government is reportedly to take another step to distort business operations as the White House confirmed on Tuesday ...
Sen. Rand Paul (R-Ky.), a libertarian-minded Republican, criticized the Trump administration’s push to acquire a stake in U.S. chipmaker Intel, suggesting the move would be a “step toward ...
If you recall, yesterday we mentioned that the Trump administration was considering a 10% stake in poor old, beleaguered ...
President Donald Trump is looking to increase the federal government's stake in chip manufacturers that receive funding from ...
Gnawing doubts about the frenzy around artificial intelligence weighed on tech shares again on Wednesday, pushing Wall Street ...
"This is a horrible precedent. This is socialism. All of you people were freaked out about Mamdani in New York City" ...
Two sources familiar with the discussions told Reuters that US Commerce Secretary Howard Lutnick has floated the idea in ...
But Intel wasn't alone in winning CHIPS Act grants. As CNBC points out, Taiwan Semiconductor (TSMC) was awarded $6.6 billion ...
Key Takeaways Commerce Secretary Howard Lutnick said the Trump administration is exploring how the U.S. could receive equity stakes in semiconductor companies with CHIPS Act grants.Such deals could ...
After making deals with the president to avoid punitive executive orders, Paul Weiss and Kirkland & Ellis are helping the ...