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The government ended up with a roughly $10 billion loss after it sold its stock in GM. Would the government run Intel? U.S. Commerce Secretary Howard Lutnick told CNBC during a Tuesday interview that ...
The CNBC report, which cited people familiar with the matter, did not name the potential investors. Intel, whose shares fell ...
But Intel wasn't alone in winning CHIPS Act grants. As CNBC points out, Taiwan Semiconductor (TSMC) was awarded $6.6 billion ...
After months of turbulence, Intel Corp. bulls are finally being rewarded for their patience. But the stock’s sudden rebound comes with a worrying side effect: a valuation so high its most ...
WASHINGTON (Reuters) -Liberal U.S. Senator Bernie Sanders on Wednesday threw his support behind President Donald Trump's plan to convert U.S. grants to chipmakers, including $10.9 billion for Intel, ...
Global markets were higher on Wednesday before a tech sell-off on Wall Street extended into a second day and dampened the ...
Wall Street shares dropped on Wednesday, with a tech selloff extending into a second day, while a key meeting of central ...
The Trump administration is testing a simple proposition: if Washington funds you, Washington should own a piece of you.
President Trump is pursuing a 10% US government stake in Intel by converting Biden-era grants into equity. The move aims to boost domestic chip production, reduce reliance on foreign suppliers, and ...