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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 US seeks an intelligence-sharing stake in exchange for grant aid, raising questions on foreign assistance and security collaboration.
Intel faces financial turbulence in 2025, seeking equity from SoftBank, institutional investors, and even the U.S. government as it undertakes a dramatic turnaround in the semiconductor race.
Commerce Secretary Howard Lutnick confirmed discussions between the US and Intel Corp. for the government to take a stake in ...
The US government is in discussions to potentially take a partial ownership stake in Intel, according to an Aug. 18 report by ...
Intel stock falls as the company seeks more investors after SoftBank deal and Trump administration considers equity stake.
The U.S. government aims to take an equity stake in Intel, Commerce Secretary Howard Lutnick said Tuesday morning.
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