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Intel Stock Drops on Report U.S. Chips Act Funding Could Convert to 10% Equity Stake

Intel stock was down 3.9% after Bloomberg reported that the Trump administration could convert Chips Act grants into a 10% equity stake in Intel.

Lutnick Confirms US Seeks Intel Stake, Says No Governance Rights

Commerce Secretary Howard Lutnick confirmed discussions between the US and Intel Corp. for the government to take a stake in the chipmaker, casting the plan as a bid to convert Chips and Science Act grants into equity.

Intel: Government And SoftBank Money Won't Solve Its Tech Crisis

Intel Corporation sees a steep rally; speculation over U.S. stake and SoftBank investment fuels optimism, but can it overcome challenges? Click for our INTC update.

SoftBank to back chipmaker Intel with $2 billion stake

Intel shares jumped after SoftBank said it would put $2 billion into the struggling chipmaker amid reports the U.S. government is considering a stake.

U.S. seeks equity stake in Intel, Commerce Secretary Lutnick says

The Trump administration wants a return on money the struggling semiconductor maker gets under the Biden-era CHIPS Act.

Intel Shares Drop as U.S. Considers Acquiring 10% Stake in Chip Maker

Intel shares fell 3.7% on Monday, after reports that Trump administration officials are talking about taking a 10% stake in the chip maker. The move would be part of a government effort to save the embattled company and boost semiconductor manufacturing in the U.

SoftBank invests $2 bn in Intel as chip giant hopes to revive fortunes

The shares of the chip giant lost 60% of their value last year as it could not gain traction in the artificial intelligence (AI) market, which is dominated by Nvidia

Intel shares trade in red, set to snap six days of gains

Shares of Intel (NASDAQ:INTC) were on track to snap six days of gains, as the stock fell more than 2.7% to $23.92 in Monday afternoon trade.  The chipmaker gained more than 23% in the last six trading sessions.
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