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Nvidia And Intel Lead Tech Stock Drop As White House Reportedly Seeks Equity For CHIPS Grants
Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money ...
The deal is among the largest government interventions in a U.S. company since the rescue of the auto industry after the 2008 ...
Former Republican presidential candidate Nikki Haley condemned the Trump administration’s decision to take a 10 percent stake ...
The Trump administration is aiming to take an equity stake in Intel, according to US commerce secretary Howard Lutnick.
The Silicon Valley chipmaker’s journey from icon to a government project, with the sale of a 10 percent stake to the Trump ...
The deal caps a two-week frenzy for the troubled chip maker and marks the latest in a series of extraordinary private-sector ...
Hoping to bolster Intel’s $28 billion project in central Ohio, President Donald Trump’s administration is considering ...
Intel noted in a recent filing that it had already received $2.2 billion under the CHIPS Act, with a further $850 million in reimbursements requested but not yet disbursed.
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