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After months of turbulence, Intel Corp. bulls are finally being rewarded for their patience. But the stock’s sudden rebound ...
The Trump administration wants U.S. chipmaker Intel to give the federal government an equity stake to receive $8 billion via ...
Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick confirmed on Tuesday that the US government is ...
Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...
A $2 billion investment represents a roughly 2% stake, ranking SoftBank the fifth-largest shareholder of Intel, while a ...
Shares in the chip maker rose following news of SoftBank’s planned investment and a possible stake for the U.S. government.
U.S. Commerce Secretary Howard Lutnick said on Tuesday the government wanted an equity stake in Intel in exchange for cash ...