Tag Archives: Stake

Trump Poised to Unveil Intel Deal For Equity Stake on Friday  Bloomberg.com Trump to Announce U.S. Taking Nearly 10% Stake in Intel  The Wall Street Journal America’s fantasy of home-grown chipmaking  The Economist US examines equity stake in chip makers for CHIPS Act cash grants, sources say  Reuters Trump’s Nvidia and Intel meddling is a ‘scattershot method of crony capitalism’: Walter Isaacson  CNBC Source link

US Senator Sanders favors Trump plan to take stake in Intel and other chipmakers  Reuters Donald Trump’s fantasy of home-grown chipmaking  The Economist Trump’s Nvidia and Intel meddling is a ‘scattershot method of crony capitalism’: Walter Isaacson  CNBC US examines equity stake in chip makers for CHIPS Act cash grants, sources say  Reuters ‘Socialism’: Trump faces right-wing attacks over Intel proposal  MSNBC News Source link

The new stake in the tech giant aims to increase US semiconductor chip production. United States Senator Bernie Sanders has thrown his support behind US President Donald Trump’s plan to convert US grants to chipmakers, including $10.9bn for Intel, into government stakes in the companies. The senator for the state of Vermont announced his support on Wednesday. “If microchip companies …

US Senator Sanders favors Trump plan to take stake in Intel, others  Reuters US Senator Bernie Sanders backs Trump plan for government stake in Intel  Al Jazeera Intel’s $24 Billion Rally Has a Worrying Side Effect (INTC)  Bloomberg.com US examines equity stake in chip makers for CHIPS Act cash grants, sources say  Reuters Nvidia And Intel Lead Tech Stock Drop As White House Reportedly …

Trump plan salvages CHIPS Act he vowed to kill While chipmakers wait for more clarity, Lutnick has suggested that Trump—who campaigned on killing the CHIPS Act—has found a way to salvage the legislation that Joe Biden viewed as his lasting legacy. It seems possible that the plan arose after Trump realized how hard it would be to ax the legislation …

Intel Stock Drops as U.S. Wants to Take Stake. Why Micron Is Falling, Too.  Barron’s Intel in talks with other large investors for equity boost at discount, sources say  CNBC Trump’s Push for Intel Stake Raises Concerns for Tech Stocks  Barron’s Intel’s $24 Billion Rally Has a Worrying Side Effect (INTC)  Bloomberg.com US examines equity stake in chip makers for CHIPS Act cash grants, …

SAN FRANCISCO (AP) — U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley pioneer Intel in an unusual deal that would deepen the Trump administration’s financial ties with major computer chip manufacturers and punctuate a dramatic about-face from the president’s recent push to oust the company’s CEO. READ MORE: …

SAN FRANCISCO (AP) — U.S. Commerce Secretary Howard Lutnick on Tuesday confirmed the U.S. government is vying for a 10% stake in Silicon Valley pioneer Intel in an unusual deal that would deepen the Trump administration’s financial ties with major computer chip manufacturers and punctuate a dramatic about-face from the president’s recent push to oust the company’s CEO. The ambitions …

The White House confirmed on Tuesday that the Trump administration is working on a deal that could see the US government taking a 10% stake in chip giant Intel. “The president wants to put America’s needs first, both from a national security and economic perspective,” White House press secretary Karoline Leavitt told reporters. The potential deal could involve swapping government …

By Svea Herbst-Bayliss NEW YORK (Reuters) -Hedge fund Toms Capital Investment Management has requested to meet with the board at U.S. railroad operator CSX (CSX) after recently buying a stake, people familiar with the matter said, raising speculation the firm may push for a possible merger. Toms Capital, run by Ben Pass, invested in the railroad during the second quarter, …