Why Intel may be into Trump’s deal At one point, Intel was the undisputed leader in chip manufacturing, Bloomberg noted, but its value plummeted from $288 billion in 2020 to $104 billion today. The chipmaker has been struggling for a while—falling behind as Nvidia grew to dominate the AI chip industry—and 2024 was its “first unprofitable year since 1986,” Reuters …
Read More »:max_bytes(150000):strip_icc()/GettyImages-2230272186-8ec5f24e561a4f7f87a1a416bcba6a09.jpg "Trump’s Plan for 300% Semiconductor Tariffs Weighs on Chip Stocks, Except Intel. Here’s Why")
A potential deal with the Trump administration is shaping up to be a saving grace for Intel (INTC), which saw its shares climb Friday while other semiconductor stocks slid. President Trump told a group of reporters aboard Air Force One Friday morning that he could put tariffs on imported chips as soon as next week. “I’ll be setting tariffs next …
Read More »UnitedHealth, Applied Materials, Intel, Quantum Computing, Opendoor, and More Movers Barron’s Stocks making the biggest moves midday: UnitedHealth, Applied Materials, Sandisk and more CNBC Top Stock Movers Now: UnitedHealth, Salesforce, Applied Materials, and More Yahoo Finance Stocks to Watch Friday: UnitedHealth, Berkshire, Intel The Wall Street Journal Biggest stock movers Friday: AMAT, UNH, JOBY, and more Seeking Alpha Source link
Read More »Trump Administration Eyeing Chips Act Funds for Intel Stake Bloomberg Intel Jumps As Trump Explores Investment In Bid To Revive US Chip Ambitions Yahoo Finance CNBC Daily Open: The Trump administration’s mixing business with politics to build a chip empire CNBC Intel Stock Jumps on Report U.S. Government Could Take Stake in the Chip Maker Barron’s Intel stock is spiking after a report says …
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The Dow Jones Industrial Average opened at its highest levels on record on Friday after Warren Buffett’s Berkshire Hathaway disclosed a stake in one of its key stocks. The Dow was up 156 points, or 0.4% after briefly cruising over its Dec. 4 intraday record of 45,073.63 at the open. It needs to hold above 45,014.04 to mark its first …
Read More »Intel Stock Jumps on Report U.S. Government Could Take Stake in the Chip Maker Barron’s Trump Administration Said to Discuss Taking Stake in Intel Bloomberg.com Intel shares jump after report of possible US stake in chipmaker BBC CNBC Daily Open: The Trump administration’s mixing business with politics to build a chip empire CNBC Intel shares rise as Trump eyes latest chipmaker power play Quartz Source …
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Shares in Intel jumped by more than 7% on Thursday, following reports that the Trump administration is in talks to take a stake in the chipmaker. The reported deal would support the technology firm’s plans to build a manufacturing hub in Ohio, according to Bloomberg, which said the size of the potential stake is not clear. White House spokesman Kush …
Read More »Trump weighs taking stake in Intel, Bloomberg News reports Reuters Trump Administration Said to Discuss Taking Stake in Intel Bloomberg.com CNBC Daily Open: The Trump administration’s mixing business with politics to build a chip empire CNBC The White House reportedly discussing taking a stake in Intel, sending shares climbing CNN Intel Stock Jumps on Report U.S. Government Could Take a Stake in the Company Barron’s …
Read More »US weighs taking stake in Intel, Bloomberg News reports ReutersView Full Coverage on Google News Source link
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The Trump administration might take an ownership stake in Intel, Bloomberg reported Thursday, an extraordinary step that could boost the chipmaker’s financial position — but might do little to address its deep technological woes. Administration officials hope a cash infusion could help boost Intel’s factory network, Bloomberg reported, citing anonymous sources. One goal would be to revive plans for new …
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