CHIPS, Intel and equity stake
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Intel, US and White House
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From Intel to Nvidia, the Trump administration is rewriting the playbook on how the presidency interacts with American capitalism.
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White House confirms talks to acquire 10% stake in Intel — 'We should get an equity stake for our money'
U.S Commerce Secretary Howard Lutnick has confirmed in an interview that the White House is in talks with Intel to acquire a 10% stake in the company. Lutnick confirmed this in a live interview with CNBC, saying that the government wants the grants given ...
Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.