CHIPS, Intel and equity stake
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Intel, White House
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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 ...
Two sources familiar with the discussions told Reuters that US Commerce Secretary Howard Lutnick has floated the idea in connection with an ongoing plan to acquire
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Benzinga on MSNWhite House Confirms Talks To Take 10% Intel Stake
Intel shares gained on Tuesday after the White House confirmed the Trump administration is negotiating a deal that could see the U.S. government take a 10% equity stake in the chipmaker, according to the BBC.
Economist Stephen Moore joins 'Varney & Co.' to weigh in on President Donald Trump's plan to take a stake in chip maker Intel.