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Trump administration reportedly mulling a 10% stake in Intel — CHIPS Act funding could be reworked into the purchase amount
The Trump administration is considering taking a 10% stake in Intel by converting $10.9B in Chips Act grants into equity, a move that would make the U.S. government Intel’s largest shareholder and mark a major shift in how federal chip funding is deployed.
Intel stock was down 3.9% after Bloomberg reported that the Trump administration could convert Chips Act grants into a 10% ...
The US government is weighing a plan to take roughly a 10% equity stake in Intel by converting part of the company’s awards ...
17hon MSN
Why Is Intel Stock Down on Monday?
In a just-breaking development, Bloomberg reports the Trump administration may take a 10% stake in Intel ( INTC -3.71%) -- ...
Intel shares fell 3.7% on Monday, after reports that Trump administration officials are talking about taking a 10% stake in ...
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 ...
SoftBank’s billionaire founder Masayoshi Son held talks with Intel’s chief executive about buying its faltering contract chipmaking business in the weeks before Monday’s announcement that the Japanese ...
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