News

Trump Is Betting Big on Intel. Will the Chips Fall His Way?

The Trump administration is aiming to take an equity stake in Intel, according to US commerce secretary Howard Lutnick.

'Trump Wasn't Hired To Run A Hedge Fund,' Says Peter Schiff As Intel Deal Divides Experts Amid Calls To Break Taiwan Dependence For Chips

President Donald Trump's announcement that the U.S. government now holds a 10% stake in Intel, valued at $11 billion, has sparked sharp debate, with economist Peter Schiff calling it unconstitutional ...
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JPMorgan says Intel should give up chip making business, concentrate on its foundry business

Investment banking firm JPMorgan thinks Intel should walk away from the chip-making business, and push into its Intel Foundry ...

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 ...

Environmental concerns about Intel chip making and data centers raised at town hall meeting

Watchdog groups say Intel facilities, data centers being built in Licking County could expose public to chemicals and gases ...

Sen. Chris Coons on China chip sales, U.S. government stake in Intel and Fed Gov. Lisa Cook

Sen. Chris Coons (D-Del.) joins 'Squawk Box' to discuss President Trump's deal to allow Nvidia and AMD to sell chips to China ...

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 ...