Trump announces U.S. stake in Intel
President Trump announced Friday that the government had reached a deal to secure a 10% stake in technology company Intel. Source link
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Intel
Trump says Intel has agreed to a deal for US to take 10% equity stake
US President Donald Trump said on Friday (Aug 22) the US would take a 10 per cent stake in Intel under a deal with the struggling chipmaker and is planning more such moves, the latest…
Trump turns $11.1B in U.S. government funds into a 10% stake in downtrodden Intel
President Donald Trump on Friday announced the U.S. government has secured a 10% stake in struggling Silicon Valley pioneer Intel in a deal that was completed just a couple of weeks after…
The Trump-Intel Deal Is Official
The United States government is making an $8.9 billion investment in Intel, representing a 9.9 percent stake in the company, according to a press release the company published on Friday.…
Trump Is Betting Big on Intel. Will the Chips Fall His Way?
The US government is aiming to take an equity stake in Intel in exchange for grants the company was already committed to receive under the Biden era CHIPS Act, according to comments US…
National intel chief Tulsi Gabbard strips security clearances from 37 current and former officials
President Trump's intelligence director is revoking the security clearances of more than three dozen former and current officials on claims they "abused the public trust" by manipulating…
Intel rescue will depend on Trump as investor — and pitchman
A US government plan to take a stake in Intel would give the ailing chipmaker a powerful backer, even if a bigger challenge still lies ahead: finding enough paying customers. Wall Street…
US seeks Intel stake without governance rights: Lutnick
Commerce Secretary Howard Lutnick confirmed discussions between the US and Intel for the government to take a stake in the chipmaker, casting the plan as a bid to convert Chips and Science…
SoftBank to invest US$2 billion in Intel as part of US push
SoftBank Group agreed to buy US$2 billion in Intel stock, a move that extends its US investment effort and offers a vote of confidence in the struggling chipmaker. SoftBank will…
Intel CEO’s ‘Amazing Story’ has helped make him a billionaire
Days after calling for the firing of Intel Corp’s CEO, President Donald Trump changed his mind following a “very interesting” meeting with the executive. “His success and rise is an…
Why is INTC’s stock price up today? Trump’s spat with Intel takes a surprising turn
Intel might be going into business with an unlikely partner: the U.S. government. According to Bloomberg, the Trump administration is in talks to get a stake in the chip manufacturer. The…
Trump holds high-stakes meeting with Intel CEO after calling for his resignation
US PRESIDENT Donald Trump said he met with Intel CEO Lip-Bu Tan on Monday, days after seeking his resignation, praising Tan and calling the meeting “a very interesting one.” Shares of the…
Intel CEO Tan Lip-Bu says has board support as Trump calls for resignation
Tan has reached out to the White House to clear up what he called “misinformation” about his track record Intel chief executive officer Tan Lip-Bu said he has the full backing of…
Trump says Intel CEO is 'highly conflicted,' calls for his resignation
Chipmaker Intel is the latest tech company facing political pressure from President Trump. On Thursday, Trump called for the immediate resignation of Intel Chief Executive Lip-Bu Tan, who…
Intel stocks drop after Trump calls on CEO’s resignation
Shares of Intel slumped Thursday after President Donald Trump said in a social media post that the chipmaker’s CEO needs to resign. “The CEO of Intel is highly CONFLICTED and must resign,…
Trump’s Attack on Intel CEO Reveals He Just Does What Fox News Wants
At least one Republican doesn’t believe in a free market, and he’s in the White House. Donald Trump took to Truth Social Thursday to demand the immediate resignation of Intel CEO Lip-Bu…
Trump calls on Intel CEO to 'resign immediately' following purported ties to Chinese Communist Party
President Trump said the CEO of chipmaker Intel should quit "immediately" in the wake of information that the new chief has ties to China's Communist Party. Source link
Trump urges Intel CEO to resign immediately, calls him ‘conflicted’
US President Donald Trump called on the chief executive officer of Intel to resign because of what he called conflicts of interest. “The CEO of Intel is highly conflicted and must resign,…
Trump urges Intel CEO Tan Lip-Bu to resign immediately, calls him ‘conflicted’
US President Donald Trump called on the chief executive officer of Intel to resign because of what he called conflicts of interest. “The CEO of Intel is highly conflicted and must resign,…
Three Intel senior executives to retire amid manufacturing shake up
Three senior executives in Intel’s manufacturing operations are set to retire, Intel told Reuters on Thursday, as new CEO Tan Lip-Bu implements sweeping change to resuscitate the…
Intel used to be the most valuable U.S. chipmaker. How it fell far behind Nvidia
Earlier this year, Intel’s new chief executive Lip-Bu Tan made frank remarks about how the Silicon Valley chipmaker keeps coming up short. “For quite a long time for Intel, we fell behind…
Ex-CIA analysts say former Obama officials' actions serve another blow to U.S. intel agencies
The intelligence community is taking another blow to its credibility, former CIA analysts say, after newly released declassified material alleges that top Obama administration officials…
Intel to separate networking unit as new CEO Tan overhauls business
The CEO has been given the challenge of revitalising the chipmaker after years of missteps and high-capital manufacturing strategies led to growing losses Intel is planning to…
Intel plans to shed thousands of workers
Intel, once the most valuable U.S. chipmaker, faces an uphill battle as it tries to stay relevant in the artificial intelligence race. On Friday, Intel saw its stock drop 9%, a day after…