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Trump administration vying to own a big stake in Intel

The Trump administration confirms it’s seeking a stake in Intel. Why? It depends who you ask

Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick confirmed on Tuesday that the US government is considering an extraordinary investment in struggling chipmaker Intel. But they gave different answers about what the Trump administration sought to do with that stake.

UPI on MSN · 4h

Trump administration seeks equity stake in chipmaker Intel

The Trump administration wants U.S. chipmaker Intel to give the federal government an equity stake to receive $8 billion via the CHIPS and Science Act.

The New York Times · 23h

Trump Administration Discusses Taking 10% Stake in Intel

Federal officials are considering the move because Intel, the last leading-edge chipmaker in the United States, has been struggling.

Pros and Cons for Intel If US Government Takes Stake

Insider on MSN · 5h

Bessent says the US wouldn't use a rumored stake in Intel 'to drum up business'

Treasury Secretary Scott Bessent said the White House wouldn't try to flex its power with a stake in Intel.

TechRepublic · 6h

US Government Weighs 10% Stake in Intel

The US government is in discussions to potentially take a partial ownership stake in Intel, according to an Aug. 18 report by Bloomberg. The deal could help accelerate the construction of Intel’s long-delayed semiconductor manufacturing plant in Ohio.

CNN on MSN · 9h

The government may take a stake in Intel. But it’s not about making money, Bessent suggests

Treasury Secretary Scott Bessent hinted Tuesday the US government may be considering taking a stake in struggling chipmaker Intel, coming after multiple media outlets have reported that discussions were in place.

Intel, SoftBank

Reuters on MSN · 8h

Intel gets $2 billion lifeline in the form of SoftBank equity investment

Intel is getting a $2 billion capital injection from SoftBank Group in a major vote of confidence for the troubled U.S. chipmaker in the middle of a turnaround.

The Washington Post · 16h

Japanese tech investment giant SoftBank to invest $2 billion in Intel

The U.S. chipmaker has struggled to keep pace in the AI market alongside competitors like Nvidia. Softbank has agreed to buy Intel common stock at $23 per share.

MarketWatch · 4h

SoftBank Group and Intel Corporation Sign $2B Investment Agreement

The investment comes as both Intel and SoftBank deepen their commitment to investing in advanced technology and semiconductor innovation in the United States. Masayoshi Son, Chairman & CEO of SoftBank Group Corp.

5hon MSN

Intel’s $25 Billion Rally Sends Valuation to Dot-Com Levels

After months of turbulence, Intel Corp. bulls are finally being rewarded for their patience. But the stock’s sudden rebound ...

2hon MSN

Intel’s stock surges on SoftBank investment and potential U.S. government stake. Here’s why the rally could crumble.

Money might not be the solution to Intel Corp.’s problems.

Howard Lutnick Calls CHIPS Act a ‘Giveaway to Rich Companies’ Like Intel

Lutnick just laughed it off, indignantly pointing out that “we were just giving away the money” under the previous terms of ...

Stocks to Watch Recap: Intel, Medtronic, Home Depot, Rocket Lab

The stock closed nearly 7% higher Tuesday after Japan’s SoftBank (JP:9984) agreed to invest $2 billion in ...

7hon MSN

US wants equity stake in Intel for cash grants approved under Biden

U.S. Commerce Secretary Howard Lutnick said on Tuesday the government wanted an equity stake in Intel in exchange for cash ...

Is Intel the Hot AI Growth Stock to Buy Now?

Shining a Spotlight on Intel Intel (NASDAQ:INTC) has emerged from the shadows of its semiconductor rivals, capturing the ...

9hon MSN

Intel Gets $2 Billion Infusion From SoftBank, Accelerating AI Push in U.S.

Shares in the chip maker rose following news of SoftBank’s planned investment and a possible stake for the U.S. government.