intel white house - Search News

Order byBest matchMost fresh

Intel, SoftBank and White House

Intel Shares Pop 7% As SoftBank Invests $2 Billion And Trump Administration Weighs Stake

Shares of Intel rose more than 7% as trading opened Tuesday, following an announcement that SoftBank would invest $2 billion in the company and a report the Trump administration was holding talks abou...

· 7h · on MSN

Intel gets $2 billion from SoftBank as White House mulls stake

· 4h

US in talks for a 10% Intel stake, White House says

Channel NewsAsia Singapore · 9h

US investment in Intel would be aimed at helping company stabilize, Bessent says

Intel has struggled financially and recorded an annual loss of $18.8 billion in 2024, its first such loss since 1986, as it grapples with multiple challenges.

· 1d

Trump administration in talks to take 10% stake in Intel, reports

· 1d

White House mulls shock 10% stake in tech giant... sending shares tumbling

3hon MSN

Commerce Secretary Lutnick says Intel needs to give government stake for CHIPS funding

Commerce Secretary Howard Lutnick on Tuesday confirmed that the government wants Intel to cough up a 10% equity stake in exchange for nearly $8 billion in CHIPS Act funding approved by the Biden administration. Lutnick said the the stake would be a return on its “investment” in the struggling chipmaker.

5hon 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.

37mon MSN

What SoftBank, Government Investments Could Mean for Intel's Business—and Stock

Intel shares jumped on Tuesday as investors responded to signals the Trump administration may throw the company’s troubled foundry business a lifeline.