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Though the Trump administration appears to have made inroads with embattled chipmaker Intel, Wall Street analysts suggested swaying others might require better terms. Wall Street could be starting to ...
Sanders, an Independent Senator from Vermont who caucuses with the Democrats, told Reuters on Wednesday that he’s in favor of ...
But Intel wasn't alone in winning CHIPS Act grants. As CNBC points out, Taiwan Semiconductor (TSMC) was awarded $6.6 billion ...
Shares of Intel (NASDAQ: INTC) are falling on Wednesday, down 7% as of 12:14 p.m. ET. The drop comes as the S&P 500 and ...
Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...
The U.S. Commerce Department is weighing whether to take an equity stake in Intel and other chip companies in exchange for ...
Why it matters: The White House is weighing whether subsidies under the $52.7 billion CHIPS and Science Act should come with ...
Shares of the struggling chipmaker have rallied on reports that the U.S. is in talks for a potential equity stake.
But Intel isn't the only company to receive CHIPS Act grants. Micron was awarded $6.1 billion as well -- the second-biggest ...
This also follows Reuters report U.S. Commerce Secretary Howard Lutnick is looking into the government taking equity stakes ...
The Trump administration is in talks to secure a 10% stake in Intel in exchange for converting government grants that were ...