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Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.
A $2 billion investment represents a roughly 2% stake, ranking SoftBank the fifth-largest shareholder of Intel, while a ...
Treasury Secretary Scott Bessent hinted Tuesday the US government may be considering taking a stake in struggling chipmaker Intel, coming after multiple media outlets have reported that discussions ...
The White House’s deliberations about taking a stake in Intel could upend the technology sector — and further redefine how ...
The government’s plan is under consideration just as SoftBank Group Corp. announced a surprise bet on Intel’s revival, ...
The Trump administration is in discussions to take a stake of about 10% in Intel Corp., a move that could see the US become the beleaguered chipmaker’s largest shareholder.
Federal officials are considering the move because Intel, the last leading-edge chipmaker in the United States, has been ...
The White House is considering taking a 10% stake in chipmaker Intel per reports as talks with the company and Trump's team ...
The Trump administration is in talks to take a 10% stake in Intel by converting some or all of the struggling company's Chips ...
Money earmarked for the company under the Chips Act could be converted into equity.