Tag Archives: Stake

Intel’s CHIPS Act Requirements Waived After U.S. Government Takes Stake – WSJ  The Wall Street Journal Intel says it received US grant; government says it is still working on deal  Reuters Trump’s brand of US capitalism faces ‘socialist’ backlash from conservatives  BBC Trump Intel deal designed to block sale of chipmaking unit, CFO says  Financial Times Analysis | The death of Reaganomics: Trump breaks …

However, the US can vote “as it wishes,” Intel reported, and experts suggested to Reuters that regulations may be needed to “limit government opportunities for abuses such as insider trading.” That could reassure investors somewhat, Rich Weiss, a senior vice president and chief investment officer of multi-asset strategies for American Century Investments, told Reuters. Without such laws, Weiss noted that …

Top officials at the Pentagon are “thinking about” whether the U.S. should acquire equity stakes in leading defense contractors such as Lockheed Martin, Commerce Secretary Howard Lutnick said Tuesday. The Cabinet secretary, in an interview on CNBC’s “Squawk Box,” revealed the Defense Department’s interest in taking those stakes days after the U.S. government acquired 10% of Intel stock in a …

After U.S. Takes Stake in Intel, Trump Pledges ‘Many More’ Deals  The New York Times Government will take stakes in more companies, top Trump adviser says  Axios White House’s Hassett says US could take stakes in other chip companies  Reuters The U.S. Has Created a Stealth Sovereign Wealth Fund. What Comes Next After Intel.  Barron’s Intel says Trump deal has risks for shareholders, international …

(Reuters) -Shares in Puma SE surged after Bloomberg reported on Monday that the holding company of France’s Pinault family is weighing options for its 29% stake in the German sportswear maker including sounding out potential buyers. The Pinault’s holding company, Artemis, which controls Gucci-owner Kering and other businesses in the luxury, arts and entertainment industries, has become the subject of …

Intel says Trump’s plan for U.S. stake in company poses business risks  The Washington Post Intel says Trump deal has risks for shareholders, international sales  CNBC The Long, Painful Downfall of Intel  The New York Times Government will take stakes in more companies, top Trump adviser says  Axios Trump wants more deals like Intel’s, worrying business community  Reuters Source link

Intel warns US stake could hurt international sales, future grants  Reuters Trump says government will make deals like Intel stake ‘all day long’  CNBC The Long, Painful Downfall of Intel  The New York Times Government will take stakes in more companies, top Trump adviser says  Axios Opinion | Uncle Sam Shouldn’t Own Intel Stock  The Wall Street Journal Source link

Lily Jamali Reporting fromSan Francisco Getty Images US Secretary of Commerce Howard Lutnick said on Friday that the federal government will take a 10% stake in US chipmaker Intel. “This historic agreement strengthens US leadership in semiconductors, which will both grow our economy and help secure America’s technological edge,” Lutnick wrote on X in a post accompanied by a photo …

US to take 10% equity stake in Intel, in Trump’s latest corporate move  Reuters Intel Agrees to Sell U.S. a 10% Stake in Its Business  The New York Times U.S. government takes 10% stake in Intel, as Trump expands control over private sector  CNBC Intel will give the U.S. government a 10% stake, Trump says  NPR Trump poised to unveil Intel deal for equity …

President Trump said that Intel has agreed to give the U.S. government a 10% stake in its business. Speaking with reporters on Friday, Mr. Trump said the deal came out of a meeting last week with Intel CEO Lip Bu Tan — which came days after the president called for Tan to resign over his past ties to China. “I …