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 …
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US in talks over 10% Intel stake, White House confirms
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 …
Read More »Toms Capital seeks CSX meeting after acquiring stake, sources say
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, …
Read More »US wants equity stake in Intel for cash grants approved under Biden – Reuters
US wants equity stake in Intel for cash grants approved under Biden Reuters Trump admin pours cold water on its hot Intel deal Axios Trump administration considering stake in Intel, Lutnick says The Hill Lutnick says Intel has to give government equity in return for CHIPS Act funds CNBC Opinion | The Nationalization of Intel? The Wall Street Journal Source link
Read More »US Seeks Intel Stake Without Governance Rights, Lutnick Says – Bloomberg.com
US Seeks Intel Stake Without Governance Rights, Lutnick Says Bloomberg.com Lutnick says Intel has to give government equity in return for CHIPS Act funds CNBC Trump admin pours cold water on its hot Intel deal Axios Trump Administration Discusses Taking 10% Stake in Intel The New York Times Opinion | The Nationalization of Intel? The Wall Street Journal Source link
Read More »Intel shares jump as Softbank to buy $2bn stake in chip giant
Intel shares have jumped after Japanese technology investment giant Softbank said it is buying a $2bn (£1.5bn) stake in the US computer chip maker. The announcement came just hours after new reports that the Trump administration is in talks to take a stake of around 10% in Intel by converting government grants into shares. The potential deal, which was first …
Read More »Trump administration weighs 10% stake in Intel via Chip Act grants
Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, US, on Monday, Aug. 11, 2025. Alex Wroblewski | Bloomberg | Getty Images The Trump administration is discussing taking a 10% stake in Intel, according to a Bloomberg report on Tuesday, in a deal that could see the U.S. government become …
Read More »Trump Administration Discusses Taking 10% Stake in Intel – The New York Times
Trump Administration Discusses Taking 10% Stake in Intel The New York Times Wells Fargo hikes S&P 500 target as U.S. tariffs get delayed again CNBC Intel Stock Drops on Report of 10% Equity Stake Via the Chips Act Barron’s Intel Shares Drop as U.S. Considers Acquiring 10% Stake in Chip Maker The Wall Street Journal Trump Administration in Talks to Take a 10% Stake …
Read More »SoftBank Invests $2 Billion in Intel as U.S. Considers Taking 10% Stake in Chip Maker – The Wall Street Journal
SoftBank Invests $2 Billion in Intel as U.S. Considers Taking 10% Stake in Chip Maker The Wall Street Journal SoftBank will invest $2 billion into Intel CNN Intel is getting a $2 billion investment from SoftBank CNBC Intel shares spike after Softbank signs $2bn deal with chipmaker BBC SoftBank to Invest $2 Billion in Intel as Part of US Push Bloomberg.com Source link
Read More »Intel Stock Drops on Report of 10% Equity Stake Via the Chips Act – Barron's
Intel Stock Drops on Report of 10% Equity Stake Via the Chips Act Barron’s Trump Administration in Talks to Take a 10% Stake in Intel Bloomberg.com Wells Fargo hikes S&P 500 target as U.S. tariffs get delayed again CNBC Intel’s Move Toward Nationalization Won’t Work—at Least for the Long Haul The Wall Street Journal What might Trumpian meddling mean for Intel? The Economist Source link
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